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Rate cuts are expected sometime in early 2025. But what will their effects be? Not just on first home buyers but also on investors. Will investors have greater borrowing capacity or is it all just hot air? Let’s Wealth Coffee Chat!
00:00 – Introduction.
02:01 – Show Starts.
04:06 – Interest rate cuts are coming in 2025. Will it make a difference?
06:10 – According to the Financial Review, there are more investors in the market than ever.
10:19 – Investor demand for homes is outstripping supply.
12:25 – A 1% drop in rates could equal tens of thousands of dollars in borrowing power.
13:53 – Buffer Rates from lenders could also fall, leading to better lending options for investors.
17:18 – Rate cuts could add an extra $100k to an investors borrowing capacity.
20:38 – Conclusion
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