Beating Interest Rates Part 2: Strategies for First Home Buyers

In our previous episode, we talked about the challenges rising
interest rates pose.


Now, we are tackling the best approaches to this worsening
unaffordability issue… How can home hunters manage their risks
effectively? 


In this follow-up episode, we’re talking about the best
strategies for first home buyers to cope with rising interest
rates. 


We also weigh in on timing the market according to your allotted
budget, assessing your financial capacity, outsaving the property
market, rentvesting as an option, and more!


If you enjoy the show, do like, rate, subscribe, and share it
with others! We have loads of resources available and if you’d
like to chat, email us at support@homebuyeracademy.com.au!


We’ll see you on the inside! 


 


Episode Highlights: 
Recap: The impact of rising interest rates on a buyer’s
borrowing capacity [01:55] The amount you own
versus the amount you owe [03:02] The difference a
bad mortgage broker can make [08:49] Is fear of
debt always reasonable? [12:32]  What can
cause you to lose borrowing capacity? [16:57]
Planning ahead: coping with rising interest rates
[19:37] Rentvesting as an option
[22:44] Advice from Meighan and Veronica
[27:11]

 


Links from the Show: 


Episode 95 | What Special Conditions Should You Include in a
Private Treaty Negotiation?




If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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