Buffer Rate

How A 0.5-point Increase In Interest Rates Affects Your Borrowing Power

personOtto Dargan access_timeSeptember 2, 2022

Rising interest rates affect more than just monthly repayments and the total cost of a home loan. They also reduce the borrowing power of anyone looking for a home loan. The effect is more pronounced than you might think due to serviceability buffers. A serviceability buffer...

Read more