The Home Loan Centre

The RBA have today announced a 0.25% rate rise, which is the first in 11yrs. It will be interesting to see whether the Banks/Lenders follow suit and how soon they implement the rise.
Inflation is still expected to be above the RBA target at the end 2023 so this might a long road of rate rises ahead.

https://www.rba.gov.au/media-releases/2022/mr-22-12.html

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points.

We agree with the sentiment that it is hard to miss the rise in prices over a variety of sectors, but the prediction of a larger than normal and possibly in June interest rate rise is new. Combined with an upcoming election that is scheduled days after fresh figures tracking the Wage Price Index and Unemployment rate will make for an interesting few days in late-May…

It might be time to review your home loan to see that you are prepared for these expected rises – whether it’s a reduction in your current rate, fixing a portion or increasing your current repayment, contact The Home Loan Centre for a home loan health check today.

https://www.abc.net.au/news/2022-04-26/inflation-surge-could-see-super-sized-interest-rate-hike/101013154

Inflation surge could see super-sized interest rate hike in June, economists warn The latest official inflation figures are expected to be the highest since the global financial crisis, and at least one leading economist warns it could trigger an extra large first interest rate hike from the Reserve Bank.

An informative read on the Reserve Bank's balancing act on interest rates.
https://www.abc.net.au/news/2022-03-22/why-is-the-reserve-bank-interest-rates-still-so-low/100927234

What happens if interest rates don't go up soon? The genie could come out of the bottle The Reserve Bank's cash rate target has sat at 0.1 per cent since the height of the pandemic despite a seemingly well-performing economy. So, should it be higher? That's where it gets a bit messy, writes David Taylor.

First time purchasing? Or just need a quick refresher. Learn all about the home loan application process here. https://thehomeloancentre.com.au/the-application-process/

The Application Process – The Home Loan Centre Step 1 What type of borrower are you? Are you buying a home to live in or rent out? Refinancing or consolidating debts? Our mortgage consultants will assist you to determine how much you need to borrow.You can apply for a home loan before you have even found a property (we call this pre-approval). P...

With interest rates projected to rise, you may be thinking about whether or not to fix your loan. Click here to learn more about the pros and cons of variable and fixed rate home loans.
https://thehomeloancentre.com.au/loans-rates/

Loans & Rates – The Home Loan Centre Types of Loans Due to the complexities of the new regulations relating to the provision of loan comparison rate schedules we no longer advertise rates online. The Home Loan Centre strongly believes that interest rates alone do not provide adequate information to assess the optimum loan for its clien...

As the story below alludes to, we have been forewarned of interest rates going up. While we have had to manage everything bad about the pandemic, the low interest rates on offer have been a blessing for property owners and buyers. But now is the time to make sure you are ready – speak to us to ensure you have the right lending in place before rates rise…
https://www.canberratimes.com.au/story/7604642/home-buyers-told-to-prepare-for-rate-rise/

Home buyers told to prepare for rate rise Reserve Bank Governor Philip Lowe has advised Australian home owners to build up buffers so they are ready for when interest rates inevitably increase. Dr Low...

The costs of paying a mortgage plus running a functional household quickly add up, often taking new home owners by surprise, resulting in financial pressure. That’s why The Home Loan Centre recommends first experimenting with our Budget Planner Calculator to help you meet costs and keep spending in check.
To obtain an accurate and full picture of your finances, contact us today for a free appointment.
https://thehomeloancentre.com.au/budgetplanner/

Budget Planner – The Home Loan Centre Budget Planner Calculator The costs of paying a mortgage plus running a functional household quickly add up, often taking new home owners by surprise, resulting in financial pressure. That’s why The Home Loan Centre recommends first experimenting with our Budget Planner Calculator to help you meet...

---Why choose us?---
It is always a big decision when it comes to buying property and you will need all the help that you can get in order to navigate your way through the process. The Home Loan Centre will remove the hassle involved in finding the right loan for your circumstances. We’ll do the legwork in order to ensure that the process is smooth from approval right through to the settlement of your property. Contact us today!

During the last calendar year, Canberra property values went up 24.9% on 2020 levels, with the medium dwelling value now sitting at $894,338. With such a large increase in equity, refinancing may lead to savings for many homeowners. Contact us to day for a free review of your mortgage.
https://www.mortgagebusiness.com.au/breaking-news/16383-housing-values-grew-22-1-in-2021

Housing values grew 22.1% in 2021 The value of Australian housing grew 1 per cent in December, bringing the total increase in values to 22.1 per cent for 2021, according to CoreLogic. The property data and analytics provider has reve

Happy New Year everyone! There will be no RBA update today as they are taking a break over January, so instead we bring you a few predictions for Australia in 2022 courtesy of The Stats Guy.
https://thenewdaily.com.au/life/2021/12/11/the-stats-guy-22-predictions-of-what-2022-will-hold-in-store-for-australia/

The Stats Guy: 22 predictions of what 2022 has in store for Australia The pandemic reminded us of how hard it is to predict the future. I took the challenge of analysing data to predict what 2022 has in store for Australia.

Happy New Year from all of us here at The Home Loan Centre.

As 2021 draws to a close, we reflect on the year gone by. It's been a tough time for us all, and we are grateful for the strength of our local community. Thank you Canberra

Merry Christmas from all of us here at The Home Loan Centre.

So many people getting into the festive spirit and decking their houses with lights! Could this be you next year? Contact us for a free appointment to review your finances and take the first steps towards becoming a homeowner in 2022.
https://www.mix106.com.au/competition/mix106-3s-mixmas-lights-trail/

Mix106.3’s Mixmas Lights Trail To save you from driving aimlessly around Canberran suburbs, MIX106.3 is bringing back the MIXMAS Lights Trail! Are you on the hunt for the Capital’s best displays? See our map below! It’s updated daily! Open the map in full screen mode for more details Help us make the ultimate Mimax Light Trai...

A timely reminder to ensure you stay vigilant when conducting financial transactions online.
https://www.abc.net.au/news/2021-12-14/canberra-woman-allegedly-lost-million-dollars-in-property-scam/100698052

Sydney woman allegedly scammed $1 million from prospective Canberra home buyer A 29-year-old Sydney woman faces court over an alleged property scam that fleeced $1 million from a Canberra woman.

In the last meeting until February 2022 the RBA has maintained the status quo (for now) – they are still awaiting a rise in inflation before increasing any rates. They trust the banks with maintaining prudent lending standards to keep the housing market in check but are prepared to be patient with post-covid economic recovery.
https://www.rba.gov.au/media-releases/2021/mr-21-29.html?utm_source=rbanews&utm_medium=email&utm_content=media-release&utm_campaign=monetary-policy-decision-2021-dec

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases  

See the answers to some of the most commonly asked questions about our services and the financial industry.
https://thehomeloancentre.com.au/faqs/

The Home Loan Centre strongly believes that interest rates alone do not provide adequate information to assess the optimum loan for its clients. Click here to learn about the different loan types available in the market today, then give us a call so we can help find the best option to suit your individual circumstances. https://thehomeloancentre.com.au/loans-rates/

Black Friday is here and the FOMO is real. The excitement of discount sales may seem tempting, but remember to stay financially savvy while shopping.
https://www.abc.net.au/everyday/how-retailers-get-you-to-spend-more-on-black-friday/100630202

The tricks retailers use to make you spend more on Black Friday deals - ABC Everyday While there are good deals available on Black Friday, it's important to be on alert for the strategies used to separate you from your cash.

Do you know how much you can afford?
Choosing the right home loan involves calculating quite a number of important things. Investigate your borrowing power and repayment costs with The Home Loan Centre’s online calculators. When you are ready for pre-approval or a new loan, contact us for a complimentary financial review.
https://thehomeloancentre.com.au/calculators/

Buy Now Pay Later services are becoming increasingly popular, but they can have unintended ramifications on your borrowing capacity. Contact The Home Loan Centre on 6214 8555 for a free review your financial situation. We can make appropriate recommendations to help you towards your home ownership goals. https://www.abc.net.au/news/2021-11-02/buy-now-pay-later-afterpay-zip-debt-stress-tips/100580540

When Sophia couldn't pay back her buy now, pay later debt, she knew she needed to get out Popular buy now, pay later services — two of the biggest players being Afterpay and Zip — are continuing to grow in popularity. However, if you're toying with the idea of opening an account, or multiple accounts, read on to find out the risks first.

Buying a home is one of, if not the biggest financial event in your life. Check out our comprehensive guide on what to expect at each step of the home loan process. https://thehomeloancentre.com.au/the-application-process/

Meet our Broker Rowan Woodward.
"I don't believe you can over-help someone. Whether you are buying your first or your fifth property, I can assist you in navigating the lending landscape."
Contact Rowan today on (02) 6214 8555 to book a free appointment. https://thehomeloancentre.com.au/contact/

Welcome to The Home Loan Centre - Our Mortgage Brokers are professionals who specialise in giving relevant and useful information to people who are trying to find the right loan to purchase property. They will assess all your financial affairs, put your credit worthiness & affordability into consideration and then and then present you with relevant options. After you have made your choice, we facilitate your home loan application. https://thehomeloancentre.com.au/