Leading Edge Finance

At its third meeting for 2024, the Reserve Bank of Australia (RBA) kept the cash rate on hold at a 12-year high of 4.35 per cent.

Read today’s official statement on the RBA’s website.

The board meets next on June 17-18.

Finding 30 is easy with this view.

Feeling Lost Amidst Rising Rates? Let Us Guide You Home 🏡💡

With interest rates soaring and uncertainty looming, it's natural to wonder if your dream of owning a home is slipping away. But fear not! Our expert mortgage brokers are here to navigate you through the turbulence. Here's what we can help with:

1) Unlocking Hidden Opportunities: Beyond just connecting you with lenders, we unveil government assistance programs, compare refinancing options, and help you leverage equity for investments or upgrades.

2) Maximise Your Borrowing Power: Your borrowing capacity isn't set in stone. Let's explore your options based on your unique financial situation and goals.

3) Timing Is Everything: Unsure if now is the right time to buy? Let's chat about your specific circumstances and align your decision with your financial objectives.

4) Fixed vs. Variable: Make informed decisions about locking in rates amidst market fluctuations. We'll guide you through the pros and cons.

5) Tap into Your Equity: Learn how to leverage your home's equity for investments or renovations and unlock hidden potential.

6) Bridging Finance Demystified: Need funds for your next property while still tied to your current one? We've got you covered with bridging finance options tailored to your needs.

Don't Go It Alone! Let's Tackle Your Home Loan Journey Together. Reach Out Today! 🚀

📉 Wondering when the RBA will start cutting rates? Bank economists have their say, but there's no general consensus yet. Some predict as early as August, while others expect it to be as late as 2025. Stay tuned for updates! 📈

Link to article in comments section.

When I was a kid I got a recipe book for my birthday, one of my favourite things to make was this slice.

It’s so easy and takes 6min to cook. Give it a go - you probably have all the ingredients in the pantry.
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🍫 **Chocolate Cornflake Slice** 🍫

Ingredients:
- 125g Butter
- 1 cup Cornflakes
- 1 cup Desiccated Coconut
- 1/2 cup Caster Sugar
- 1 cup Self-raising Flour
- 2 tbsp Cocoa

Method:
1. Melt butter in the microwave.
2. In a bowl, combine cornflakes, coconut, sugar, flour, and cocoa.
3. Add melted butter and mix well.
4. Press mixture firmly into a microwave-safe dish.
5. Cook on medium-high in the microwave for about 6 minutes. (Cooking times may vary)
6. Ice with chocolate icing while still warm if desired.

Enjoy your delicious homemade treat! 🎉

🎧 Looking for a great finance podcast? Here are 5 highly rated ones we recommend! Just a friendly reminder: while these podcasts offer valuable insights, remember that advice given is general. Always stay open to learning more through 1:1 meetings with a professional. 💼📈

🏡💰 Dreaming of owning your own home? It all starts with saving for that deposit! 💼✨

Here are some key steps to help you kickstart your journey towards homeownership:

1️⃣ Assess Your Finances: Take a close look at your income, expenses, debts, and assets to determine how much you can realistically save each month.

2️⃣ Know Your Borrowing Capacity: Knowing how much you can borrow based on your financial situation will give you a clearer picture of the deposit you'll need to save.

3️⃣ Set a Savings Target: Aim for at least 5% - 20% of the home's price, plus additional funds for other buying costs like legal fees and taxes.

4️⃣ Explore Government Assistance: First-time homebuyers may qualify for grants and schemes that can boost your savings and reduce costs.

5️⃣ Determine Your Savings Timeline: Use a savings goal calculator to estimate how long it will take to reach your deposit goal and take steps to put your plan into action.

6️⃣ Seek Pre-Approval: Once you're close to your savings target, consider seeking pre-approval from a lender to understand your borrowing capacity and be ready to make an offer when the time comes.

7️⃣ Start Saving: Stick to your budget, set up automatic transfers to your savings account, and consider investment options to grow your savings faster.

🚀 With a solid strategy and the right support, owning your dream home is within reach! As your mortgage broker, I'm here to guide you every step of the way. Let's make your homeownership dreams a reality. Get in touch today! 📲

🏡 Struggling with mortgage payments and expenses? You’re not alone. According to Roy Morgan, more Aussie homeowners are facing mortgage stress than ever. But fear not, here are 5 tips to regain control:

1️⃣ Trim your budget: Cut unnecessary expenses and save for your mortgage.

2️⃣ Shop around: Spend 10 mins to find better deals on utilities and services.

3️⃣ Boost income: Explore side gigs or ask for a raise.

4️⃣ Review your interest rate: Let us help you find a better loan option.

5️⃣ Reach out for help: Don’t wait until it’s too late. Contact your lender’s hardship team.

Remember, defaulting on your mortgage can have serious consequences. Stay proactive and reach out for assistance. We’re here to support you every step of the way. 📈🏠

Pay it forward- next 25 coffees on us! Alex Junior -Padbury!

Spending the day at an industry event. Had a great presentation from ANZ around the economic outlook some of the key take aways are:

• The expected first rate cut won't occur until the final quarter of 2024 - most likely November.

• The labour market has eased enough to bring inflation back to target. But further progress on inflation is likely to be slower.

• Household incomes have taken a significant hit from inflation, taxes and interest rate increases. Real incomes are below trend but should pick up this year.

• More construction builds are being approved which should help supply for housing.

Catching up on emails with a delicious coffee.

7 years of passion, perseverance, and growth!

🎉🥂

We couldn't have done it without our amazing and dedicated support team.

Thank you to our clients for your support over the years!

Here's to many more milestones together! 🚀🌟

m.87

Rates on hold! 🙌

My latest RateMyAgent review in Hamersley.
389328
https://rma.reviews/b1gX4Kd5CMQB
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Thrilled to share a success story! 🎉 Helped a client pay off their mortgage 12 years ahead of schedule, achieving financial freedom sooner. Ready to take control of your mortgage? Let's create a plan tailored to your goals. 2024 the year to take action! 🏠💰

Merry Christmas from my family to yours.

We hope you have a wonderful break and a Happy New Year.

Embracing remote work is a highlight of my job. We're committed to going completely paperless, benefiting the environment and ensuring top-notch security for our clients' information. 🌐📄

Not a bad office view today!

Great spot for a lender catchup. Happy Wednesday.

All eyes were on new governor Michele Bullock today as she made her first big call on the direction of interest rates.

Ms Bullock took over as governor from Philip Lowe on September 18.

Today’s decision came as no surprise. Many economics were expecting Ms Bullock to keep a steady approach to interest rates with an extended pause before a cash rate cut.

If you’re already struggling with rising repayments on your variable home loan, now is the time to chat to us about your options.

Get in touch today and we’ll check whether you could secure a more competitive home loan with another lender.

That’s three months in a row that the RBA has left the cash rate on hold, giving homeowners a chance to breathe.

It will be interesting to see what the RBA does in the coming months when Michele Bullock takes over as governor from September 18.

Until then, if you’re overdue for a home loan health check, don’t procrastinate. Get in touch today and we’ll advise you about whether your current home loan best suits your needs.

Congratulations on 50 years Munro's Accountants and Business Advisors. Thankyou for the invitation to celebrate with you all tonight.

People often avoid refinancing for several reasons: lack of awareness, high costs, reduced credit scores, proximity to paying off the loan, loyalty to current lenders, life changes, market fluctuations, complexity, risk aversion, and financial constraints.

Decisions depend on personal circumstances and financial goals, making it crucial to balance potential savings against costs when considering a better interest rate.

At Leading Edge Finance we can help you navigate these challenges and assist to ensure the process is smooth and easy. Our passion for exceptional service is always front of mind.

Our coastline is perfection!

Homeowners can breathe a sigh of relief.

It’s the news that homeowners had been hoping for. The Reserve Bank of Australia has left the cash rate on hold this month at 4.10 per cent.

🌟 Looking for a side hustle with great income potential? 🌟

Finding the best side hustle for extra earnings depends on your skills, interests, and market demand. Here are some tips to help you discover a lucrative side gig:

1️⃣ Identify your passions and skills: Start by assessing what you're good at and what you enjoy doing. Your side hustle should leverage your expertise and bring you joy!

2️⃣ Research market demand: Look for side hustles in high-demand industries. Consider emerging trends and areas where you can provide unique value. Find opportunities with a growing customer base to maximize your income potential.

3️⃣ Assess your available time: Determine how much time you can dedicate to your side hustle. Some gigs require minimal time commitment, while others may need more attention. Pick one that suits your schedule and lifestyle.

4️⃣ Explore income potential: Research the earning potential of different side hustles. Check out competitive rates and opportunities for growth. Consider various pricing models to identify the best income potential for you.

5️⃣ Leverage your network: Utilise your existing connections to jumpstart your side hustle. Your network can help you attract clients or customers, leading to higher income.

6️⃣ Tap into online platforms: Explore online platforms that connect freelancers, e-commerce sellers, or tutors with a wide customer base. Online platforms open up new opportunities and income streams.

7️⃣ Diversify your income: Don't limit yourself to just one side hustle. Combine multiple gigs or income-generating activities to diversify your earnings and increase stability.

Remember, success in your side hustle requires dedication, adaptability, and a strong work ethic. So, let's find the perfect side gig to boost your income and fulfill your goals! 💪💸💫

So proud to support an incredible charity.

Every year for Christmas we celebrate by sending our clients a Christmas card with a little thank you in it.

Last year we did something a little different and we donated what we would normally spend to WA Charity Direct.

Check out some of the great work they do here; https://wacharitydirect.com.au/individual-2-2/

THANK YOU | WA Charity Direct would like to thank Leading Edge Finance for their donation to WA Charity Direct.

Leading Edge aim is to find a loan that not only meets your requirements, but exceeds your expectations in terms of rate, product and service. They believe in providing you with choice.

https://www.leadingedgefinance.com.au/

35 years ago today, we switched over paper to coin $2, do you remember ?

Using a mortgage broker can be in a customer's best interest for several reasons. Firstly, brokers have access to a wide range of loan products from various lenders, increasing the chances of finding a suitable mortgage with favorable terms and rates. They can save customers time and effort by doing the legwork of researching and comparing options on their behalf. Additionally, brokers often have in-depth knowledge of the lending process and can guide customers through complex paperwork, increasing the likelihood of a smooth and efficient mortgage application. Finally, brokers can provide personalised advice and support, taking into account the customer's financial situation and goals.

If you would like some extra time back in your live - let us help sort out your finances.

Wishing all Mum’s today a very Happy Mothers Day.

I had a lovely day, PA Pyjamas, new hat and some beautiful hand made cards and letter from the kids. Breakfast at followed by a shopping spree with Millie and then this afternoon a nap whilst the kids played together with no fighting 😉 Calling that a major successful day!

Extra special Happy Mothers Day to all the first time Mums out there too. 🥰