Why banks assess your home loan repayment capacity at higher interest rates
When you apply for a mortgage, the lender uses a series of criteria to assess how likely you’d be to repay the loan. As part of this process, the lender also considers whether you’d be able to continue making your repayments if interest rates were to rise. Generally, lenders will apply a buffer of at […]
Why banks assess your home loan repayment capacity at higher interest rates Read More »