Uncapping of federal scheme from Oct. 1 will increase competition for properties, broker says; car finance and other debts reduce borrowing capacity
Julian Finch says car finance can slash borrowing capacity by hundreds of thousands of dollars as demand is set to rise from Oct. 1
With the federal home guarantee scheme to be uncapped from Oct. 1, brokers say car finance and other debts can sharply cut borrowing capacity for first‑time buyers
Uncapped expansion of home guarantee scheme from Oct. 1 will heighten competition and makes borrowers' existing debts, including car finance, a larger determinant of approval capacity, broker says
Expansion of government scheme from Oct. 1 and sustained buyer demand will increase competition; lenders treat car finance as a liability that can sharply reduce borrowing capacity
Experts say taking on a new car loan can sharply reduce borrowing capacity just as the home guarantee scheme expands and demand pushes prices higher
Suburb northwest of Houston drew 3,636 new residents in eight months, prompting concerns about road congestion and service capacity despite strong schools and master-planned communities.
Indictment alleges seminary scheme funneled GI Bill payments and used straw buyers in real-estate fraud; eight charged in multistate investigation
Shares jumped 17% after reports that CEO David Zaslav met bankers to solicit suitors, setting up a possible bidding contest with a reported Paramount Skydance offer