• PUBLISHED DATE: 19/04/22
  • LAST UPDATED DATE: 13/08/26
  • Marc Barlow Director, Mortgage Broker Sydney

First Home Buyers Pushing Their Borrowing Capacity

Despite looming loan interest rates hikes, first home buyers are maximising their borrowing capacity to enter the market. It’s becoming increasingly important for potential buyers to take into account these expected rate rises.

Mortgage Broker Sydney’s principal Michael Brown recently spoke with the Sydney Morning Herald about how different types of buyers are reacting to the current market slowdown where prices remain high. Read the article here: https://www.smh.com.au/property/news/sky-high-prices-push-potential-home-buyers-to-borrow-to-the-max-20220408-p5ac0m.html

If you’re a home buyer wanting to understand more about your borrowing capacity, contact us at Mortgage Broker Sydney and we can help your get started in the loan process.

Author: Marc Barlow

Role/Position: Director, Mortgage Broker Sydney

Marc has been a professional lender for 28 years. After beginning his career in 1990 with a UK Building Society, he moved to Australia where he held several different retail banking roles. In 1999 it became clear to him that a mortgage broker would eventually become an obvious choice for someone looking for a home loan so he took the plunge and became an independent broker. He hasn’t looked back since!

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