Gracie Hu

At its monthly meeting today, the Reserve Bank has decided to increase the official cash rate from 0.10% to 0.35%.
An increase in rates has been highly anticipated following the release of higher than expected inflation figures last week.
There was however speculation that the RBA may have delayed this increase until after the federal election and until it was satisfied there was evidence of sustainable wages growth.
Lenders can set rates independently of RBA movements and their responses to this rate hike may vary.
I deal with multiple lenders every day, so I know just how flexible they can be to keep or win your business.
It never hurts to ask the question, so get in touch to review your options.

RBA increases interest rates for the first time in more than 11 years RBA increases interest rates for the first time in more than 11 yearsBy Stuart Marsh • Senior Producer2:30pm May 3, 2022 Tweet Facebook Mail The Reserve Bank of Australia (RBA) has increased the nation's official cash rate for the first time in more than 11 years.Today the RBA increased the cash r...

Don’t lose hope if you find yourself short of funds when building your new home as there are shortfall solutions available. In this article TRACY KEAREY, the Director of Mortgage Advice Bureau, Brisbane, explains how a Gap Loan might just be the answer to your shortfall problem.

https://mabconnexion.com.au/help-when-short-on-the-cost-of-your-new-home/

Are You Short On The Cost of Your New Home? What happens if you run out of money when you are building a new home? Gap Loans are an easy option says Brisbane, Mortgage Broker, Tracy Kearey.

Taking out an insurance policy for something you can’t see or touch, such as your income might be uncomfortable to think about, but how would you pay your mortgage and other unsecured debt if you were unable to work?

https://mabconnexion.com.au/theres-an-easy-solution-for-when-you-cant-pay/

How To Make Loan Repayments If Your Income Stops If you're sick, disabled or injured you might not be able to work. Income protection insurance pays your bills when you can't.

As expected, RBA cash rate remains unchanged for March - AFG As widely expected, the RBA board confirmed today that the official cash rate would again remain at 0.10%. With inflation now within its target band of 2-3%, markets have been speculating the RBA will increase rates as early as June this year. The Central Bank will be closely monitoring for any sign...

The Reserve Bank today confirmed the official cash rate will remain at 0.10% for the foreseeable future.
Rising inflation and falling unemployment led to speculation in the lead up to the meeting that the RBA would be forced to reassess its 2024 forecast for the next rate rise.
With future rate rises linked to wages growth, all eyes will be on the minutes of the meeting for any update on that guidance.
With record-low rates on hold for the moment, competitive terms are still available to borrowers who act now.
I deal with multiple lenders every day, so I know just how flexible they can be to keep or win your business.
It never hurts to ask the question, so get in touch to review your options.

With all the talk about inevitable interest rate increases the last place you want to find yourself is under pressure not being able to pay your home loan repayments. In this article TRACY KEAREY, the Director of Mortgage Advice Bureau, Brisbane, explains what mortgage stress is and how to avoid it.

https://mabconnexion.com.au/mortgage-stressed-its-not-a-place-you-want-to-be/

Happy Monday!
It's always a good idea to check whether your current home loan interest rate is right for you or if there could be better options available.
If you need to review your mortgage, get in touch to see how can help you today:
📞 0499 649 841
📧 [email protected]
or schedule an appointment at https://calendly.com/gracie-hlc

When working with your mortgage broker and deciding on which is the right lender for your current financial situation your mortgage broker will ask you to decide on the type of loan you want. In this article TRACY KEAREY, Director of Mortgage Advice Bureau, Brisbane outlines three of the options available to you.

https://mabconnexion.com.au/understanding-variable-fixed-split-rate-home-loans/

Understanding Variable, Fixed & Split Rate Home Loans Brisbane Mortgage Broker explains the difference between types of interest rates when taking out a loan and which one is best for you.

Property investors know the key to making money is finding a niche and filling it. In this article TRACY KEAREY, the Director of Mortgage Advice Bureau, Brisbane, looks at how landlords can tap into the pet-friendly rental market and ensure their property is never vacant.

https://mabconnexion.com.au/how-to-tap-into-the-pet-friendly-rental-market/

How to Tap into the Pet-Friendly Rental Market Landlords will get better rental returns on their investment property if they are willing to allow tenants to have pets.

In this article TRACY KEAREY, Director of Mortgage Advice Bureau, Brisbane outlines what is involved in a Financial Health Check and why it’s an important step for all property buyers.

A Financial Health Check will help you improve your finances which in turn will help you to get into the property market or expand your existing portfolio.

https://mabconnexion.com.au/why-property-buyers-need-a-financial-health-check/?fbclid=IwAR0Ib_rl_JM8WAUpxov081RFxIKbRQOlpJebXIFnkEEUnoBKx70ObCkL7Uw

Why Property Buyers Need a Financial Health Check Mortgage Broker, Tracy Kearey says that by doing a financial health check before applying for a home loan you may be able to borrow more.

If you’re worried that you might have left it too late to apply for a mortgage, the good news is that being older does not necessarily mean you won’t be able to get a loan. TRACY KEAREY, Director of Mortgage Advice Bureau, Brisbane explains.

https://mabconnexion.com.au/im-55-does-that-mean-im-too-old-to-get-a-mortgage/

At 55 - Does It Mean I'm Too Old To Get a Mortgage? Is there a maximum age for getting a home loan? Did you know that people aged well into their 60s and older may be approved for a home loan?

In this article of Money Stress To Money Success, ZOE SLATER, Mental & Emotional Mindset Coach and Counsellor, and CEO of Freedom Choice Academy reminds us it’s not about the MONEY it’s about you.

https://mabconnexion.com.au/how-to-turn-your-money-stress-into-success/?fbclid=IwAR2h75q-3OWxfOsZFRSsNS6rsJvAlI5X9AyB_GU9RlEl5I9GR4uQUPlJplY

YOU Can Turn Your Money Stress into Success In this article of Money Stress To Money Success, ZOE SLATER, Mental & Emotional Mindset Coach and Counsellor, and CEO of Freedom Choice Academy reminds us it’s not about the MONEY it’s about you. Money Stress to Success is about balancing more than just one area of your life It’s the awarenes...

While Melbourne Cup Day often brings a surprise, the Reserve Bank's decision on the official cash rate earlier today contained no surprises, with confirmation the rate will remain at 0.10%.
In line with previous commentary, the RBA has confirmed the view that it won't be rushing into a rate hike, making it abundantly clear it wants to see that inflation is sustainably within the 2-3% target range.
The RBA's stance on rate hikes continues to confirm it remains committed to maintaining highly supportive monetary conditions to achieve a return to full employment with wages growth of around 3% or more.

November cash rate remains unchanged at 0.10% - AFG While Melbourne Cup Day often brings a surprise, the Reserve Bank’s decision on the official cash rate earlier today contained no surprises, with confirmation the rate will remain at 0.10%. In line with previous commentary, the RBA has confirmed the view that it won’t be rushing into a rate hike...

Not sure what information you need to prepare before you apply for a home loan? Confused about how a lender will assess your ability to borrow the amount you need? Our site has a guide to the documentation you’re likely to need:
https://mabconnexion.com.au/hand.../loan-document-checklist/

Not sure what information you need to prepare before you apply for a home loan? Confused about how a lender will assess your ability to borrow the amount you need? Our site has a guide to the documentation you’re likely to need:
https://mabconnexion.com.au/handy-resources/loan-document-checklist/

We do what it takes to be the best broker we can be!

The Reserve Bank of Australia has confirmed that the official cash rate will remain at 0.10%. Mark Hewitt, General Manager Industry & Partnership Development, explains that the RBA may be reluctant to increase rates due to the potential harm to the economy. He suggests that the likely outcome is that the Australian Prudential Regulatory Authority (APRA) will intervene and look to cool the housing market. Read more in his assessment below. https://hubs.ly/H0YNx4d0

RBA reluctant to increase cash rate - AFG At its monthly meeting today, the Reserve Bank has again confirmed the official cash rate will remain at 0.10%. Concerns continue to be expressed that record low interest rates are fuelling a housing boom, increasingly putting property ownership out of the reach of many prospective first home buyers...

Are you thinking of buying your first home? Do you want to know how much you can borrow? Would you like to talk through the house buying process?

Get in touch to see how I can help you today:

📞 0499 649 841
📧 [email protected]
or schedule an appointment at https://calendly.com/gracie-hlc

Are you ready for a mortgage? That's what I'm here for!

Let's work together to make your dreams REALITY! 🏡

Get in touch to see how I can help you today:

📞 0499 649 841
📧 [email protected]
or schedule an appointment at https://calendly.com/gracie-hlc

❇️Just Settled❇️ Congrats to Geilhy & Gonzalo! Another savvy client whose taking advantage of historically low rates. Thank you for this smooth & quick transaction.

In this article CRAIG WILSON, CEO of PiC Group, looks at the option of using income created by owning an investment property portfolio to fund your retirement lifestyle.

Thank you CBA & OurCommunity for appreciating our efforts 🙏.

And

I’m thankful to Cav P&C Executive team for their constant support!

Paying off a mortgage can feel like a never-ending task. Yes, every payment counts, but it can seem like it will take forever to even make a dent. TRACY KEAREY, Director of Mortgage Advice Bureau, Brisbane explains some simple ways you can increase the amount you pay off so that you can own your home sooner.

https://mabconnexion.com.au/5-simple-ways-to-increase-your-loan-repayments/

As the country discusses what post-lockdown life will look like, today’s RBA meeting focused on the government bond-buying program and confirmed that the official cash rate would remain at 0.10%.
Read more:https://hubs.la/H0WK2JF0

September cash rate remains unchanged at 0.10% | AFG At its monthly meeting today, the Reserve Bank has again confirmed the official cash rate will remain at 0.10%. As the country starts to discuss what post-lockdown life will look like, the focus out of the meeting will be on the RBA’s government bond-buying program. Prior to last month’s meeting...

Happy Monday!

What are you doing this week to create the future of your dreams?

Share your answer in the comments below so we can all be inspired as we head into this new week! ⬇️