Monthly Archives: February 2023

Interest rate buffer is creating more ‘mortgage prisoners’

Posted on February 27, 2023 by CRC Public Relations

The Finance Brokers Association of Australia (FBAA) has called on the Australian Prudential Regulation Authority (APRA) to reassess its decision to continue with a 3 per cent loan serviceability buffer for mortgages, as interest rates rise. The association said the … Continue reading →

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Interest rates are rising – Here are key questions borrowers must ask before refinancing

Posted on February 6, 2023 by CRC Public Relations

As around 800,000 fixed interest mortgages are set to convert to variable rates in 2023 – in what is termed the mortgage cliff – the Finance Brokers Association of Australia (FBAA) has urged borrowers to consider their options well before … Continue reading →

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