Today, we pause to remember and honour the courageous men and women who served and sacrificed for our freedom. On this Remembrance Day, let us reflect on their bravery and resilience, acknowledging the enduring legacy they have left us all.
We will remember them. Lest we forget.
#RemembranceDay
💹 Keeping an eye on Aussie home values can reveal big opportunities. In October, national property values rose by an average of 0.3%, and tracking these changes city-by-city gives valuable insight for buyers, investors, and homeowners alike. Here’s a snapshot of each capital city:
• Sydney: -0.1%
• Melbourne: -0.2%
• Brisbane: 0.7%
• Adelaide: 1.1%
• Perth: 1.4%
• Hobart: 0.8%
• Darwin: -1.0%
• Canberra: -0.3%
Whether you’re buying, investing, or keeping tabs on your area, reach out to discuss how these shifts impact you! 📞
#MortgageBroker #HousePrices #FirstHomeBuyers #HomeValueIndex
🚨 The Reserve Bank of Australia has just announced their latest update for 2024. 🚨
The cash rate is once again remaining on hold this month at 4.35%, with the RBA citing persistently high underlying inflation as the primary reason for maintaining the current rate.
Remember, if you’re feeling a little concerned about interest rates, you can always reach out to us to discuss your options! 📞
#Finance #HomeLoans #HomeLoan #Mortgage #RealEstate #RBA
Don`t let confusing finance lingo hold you back! 🏠💼
Understanding balloon payments is crucial because they can significantly impact a borrower’s financial planning and repayment strategy, potentially leading to difficulties if the large final payment cannot be met.
Ready to empower yourself with financial knowledge? Hit follow today!
#LoanLiteracy #FinancialEmpowerment #SmartBorrowing #BalloonPayment
The Best Interests Duty (BID) legislation requires mortgage brokers to prioritise your needs and preferences above their own financial interests when recommending a home loan. 🏡 This means they must act in your best interests, ensuring you receive tailored advice that suits your unique circumstances!
In contrast, if you approach a bank directly for a loan, you lack the same legal protections. Lenders will present only their own products, with no obligation to guarantee the best possible outcome for you when compared to other lenders.
So, if you want personalised advice and a broader range of options, consider working with a mortgage broker. Give us a call today to discuss your options!
#MortgageBroker #BestInterestsDuty #HomeLoans #FinancialAdvice
