In this week’s Flash Finance Update, Penny and I review two items that hit the news this week that affect property buyers:
- APRA changing the servicing rate and mandating a 3% buffer instead of the 2.5%
- The Victorian Government offering buyers with only 5% of the purchase price as a deposit and costs a chance to purchase with the government offering to buy up to 25% of the value of the property alongside you.
See what we have to say about these and how they affect you by watching the video below.
Congratulations to Sydney – you have once again shown Victorians how it’s done. We are so jealous here in the lockdown capital of the world and can’t wait to visit.
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