What goes down, must come up.

We all know that interest rates are cyclical and that when rates go down they will eventually go up.

As a result, lenders have been assessing loan applications on the ability of borrowers to make repayments at interest rates approximately 2% higher than those currently available.

While lenders have been assessing your ability to make repayments at a higher interest rate, what is the reality of the financial impact of your regular loan repayments?

To make sure you are ready, click here to read my “What goes down, must come up” article.

https://www.mortgageaustralia.com.au/email/files/whatgoesdownmustgoup.pdf