LoanFin - Atul Narang

As expected, RBA left the cash rate unchanged at 4.35% today due to inflation dropping below the expected threshold.

Reserve Bank’s call on interest rates The Reserve Bank has spared borrowers fresh pain, but households holding out for rate cuts have had their hopes dashed with relief still expected to be months away.

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No further increased pressure on households 🎉 because the RBA left the cash rate target unchanged at 4.10 per cent at today's meeting. Interest rates have been increased by 4 percentage points since May last year.

New data reveals the suburbs that have seen their median house or unit price top a million dollars.

Australia's newest million-dollar suburbs - realestate.com.au As the value of Australia's residential housing market rebounds back above $10 trillion, new data reveals the suburbs that have seen their median house or unit price top a million dollars.Data from PropTrack shows 13 suburbs have entered Australia's one million dollar club for the first time, as pro...

RBA decided to leave the cash rate on hold today. Do you think property prices will start going up again?

Interest rates remain on hold as Philip Lowe calls time on his seven-year stint as RBA governor The Reserve Bank leaves interest rates steady at 4.1 per cent for the third month in a row, but says further increases to rates may be needed to bring down inflation in line with its target.

At today's meeting, RBA left the cash rate target unchanged at 4.10 per cent. Please chat with us today by calling 0401 659 654 to see if you can save by refinancing.

Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.00 per cent.

As per the CoreLogic report, Sydney values went up in May but are still 9% below the record high, which was in January 2022. Speak to us today to get pre-approval or to check if you can save by refinancing!

Are you eager to hit the road in your dream car? Here's a guide to Car Loans in Australia.

Driving Your Dreams Forward: Guide to Car Loans in Australia - Mortgage Brokers Eager to hit the road in your dream car but don't have the cash? Car loans are an excellent solution for making your automotive dreams a reality.

At its meeting today, RBA decided to leave the cash rate target unchanged at 4.10 per cent. Chat with us today by calling 0401 659 654 to see if you can save by refinancing.

As per the CoreLogic report, Sydney values went up in this quarter but are still 9% below the record high, which was in January 2022. It will be interesting to see the impact of the latest rate rise. Speak to us today to check if you can save by refinancing!

Homeowners across the country have been dealt a surprise blow from the RBA, as it lifted interest rates for a 12th time in just over a year, by 25bp to 4.1%. Talk to us to see if you can refinance to a lower rate today!

RBA delivers shock rate hike as mortgage costs spiral RBA delivers shock rate hike as mortgage costs spiralBy Stuart Marsh • Morning Editor2:30pm Jun 6, 2023 Tweet Facebook Mail The Reserve Bank of Australia has delivered a shock 12th rate hike since May last year, deciding to lift interest rates in a bid to tackle persistently high inflation.The cen...

Latest on stamp duty! The activity is expected to increase and might push property price up. Chat to us today for your home loan.

Good news for . No up to $800K and reduced for up to $1 mil!

After falling for more than a year, home loans activity has rebounded, suggesting more buyers have entered the market.

It’s much too early to tell whether this increase in volumes is a false dawn or the start of a trend.

But it’s worth noting that CoreLogic Australia previously reported that prices also increased in March, after 10 months of consecutive falls, and then in April as well.

RBA increases interest rate by 25 basis points, pushing cash rate to 3.85 per cent.
https://www.news.com.au/finance/economy/interest-rates/rba-to-hand-down-latest-interest-rate-decision-after-may-board-meeting/news-story/a5ec59a50529bdc561a9e3c8fff19f79

Check how much extra will your repayments cost? https://www.loanfin.com.au/loan-repayment-calculator/

‘World of pain’ facing Aussie homeowners Homeowners will face a double-barrel assault from rising cost-of-living pressures and 11-year high interest rates, with the Reserve Bank delivering a surprise cash rate hike of 25 basis point on Tuesday.

Whether you are looking to buy your first home or looking to invest, read this article to learn why pre-approval is important and how it can help you secure a deal.

Understanding Home Loan Pre-Approval: What You Need to Know - Mortgage Brokers You've probably heard the term home loan pre-approval thrown around. But what exactly does it mean, and why is it important?

Finally some relief for the mortgage holders!

Read about investing with SMSF and its pros and cons as part of our knowledge series.

Self managed super funds : Things to know about investing in property - Mortgage Brokers Self Managed Super Funds (SMSF) can be a tax-effective way to grow retirement savings, as the income earned on the investment is taxed at the concessional superannuation rate of 15%.

Looking to refinance your home loan? It's worth checking about consolidating your debts, including credit cards or tax debt, into your home loan which might bring significant savings.
https://www.loanfin.com.au/mortgage-refinance/what-is-debt-consolidation-and-how-it-works/

What is debt consolidation and how it works? - Mortgage Brokers Debt consolidation is a popular strategy for managing debt that involves taking out a single loan to pay off multiple debts.

Fixed-rate expired or expiring? There are multiple benefits of refinancing as explained in this article.

Refinancing Your Mortgage: Everything You Need to Know - Mortgage Brokers Refinancing is a financial strategy allowing homeowners in Australia to take advantage of lower interest rates and improved mortgage terms.

Ninth interest rate hike in a row and a warning for more. Check today if you can refinance to a better rate.

RBA delivers ninth-straight interest rate hike. Here's what it means for you RBA delivers ninth-straight interest rate hike with warning of more pain to comeBy Stuart Marsh • Morning Editor2:40pm Feb 7, 2023 Tweet Facebook Mail The Reserve Bank of Australia (RBA) has handed down a ninth-straight interest rate hike, pouring pressure on Australian households already endur...

LMI explained -

LoanFin on Instagram: "LMI protects your lender if you can’t pay your mortgage repayments. #homeloans #mortgagebroker #lendersmortgageinsurance" 2 Likes, 0 Comments - LoanFin () on Instagram: "LMI protects your lender if you can’t pay your mortgage repayments. "

Today's hotter-than-expected inflation figure now increases the likelihood that the RBA will increase rates when it meets on the first Tuesday of February. Talk to us today to check if you can get a better rate.

Some good news, construction costs are going down! Talk to us about your finance needs if you are looking to build your home or investment today or email [email protected]

Thanks to all our clients for supporting us in 2022 and we look forward to helping more people in owning their dream home in 2023!

Untangling home loan terminology -
LVR (Loan to value ratio): Percentage of your property value in comparison to the amount of money being borrowed. For example, if you property is worth $500,000 and you are borrowing $300,000 that brings your LVR to 60%.