May 22, 2023
With the RBA delivering another
blow to mortgage holders’ borrowing capacity in May, data nerds
Arjun Paliwal and Leigh Paliwal offer insights into how mortgage
holders can improve their financial positions.
Arjun, founder of InvestorKit, and Leigh, director at Hills
Finance, take a closer look at how the lending landscape has
shifted in the wake of 11 interest rate hikes, including banks
scrapping cashback offers, adjustments to fixed rates, and
tightening in serviceability requirements.
Amid the challenging high-interest rate environment, the duo
explore strategies for borrowers to find flexibility in their
mortgages.
Lastly, they unpack the investment opportunities available to
property buyers in Queensland who are working within a budget of
$500,000 and below.