Artemis Finance

A morning of learning about deposit bonds and what ING, ME Bank and Liberty offer to our clients

RBA Update - When Will Rates Change? And Introducing 100% home Loans - https://mailchi.mp/3c6600417233/rba-update-when-will-rates-change-and-introducing-100-home-loans

Great feedback from one of our clients during their regular loan review. If you're looking for a professional mortgage broker who continuously keeps in touch, contact us on 0422 088 013
www.artemisfinance.com.au
[email protected]

Don't be a mortgage prisoner! More banks are coming out with policies that could potentially benefit tens of thousands of 'mortgage prisoners' by allowing them to refinance their home loans at more affordable interest rates.

Under this new policy, home loans can be refinanced reducing the current 3 per cent serviceability buffer on lending assessments to just 1 per cent. However, this option is available only to customers classified as 'mortgage prisoners' who meet specific conditions.

To qualify, these borrowers must have demonstrated good repayment behavior on their existing loan and other financial obligations. Additionally, there should be no adverse changes to their income or expenses over the past 12 months.

Contact us if you want to review your circumstances and see whether you can refinance to save.

Are you looking at buying your first home in Australia?

It can be an exciting, terrifying, daunting and frustrating experience!

Many first home buyers are still struggling to get their foot onto the property ladder. But to help, both federal and state governments have implemented a whole suite of schemes, incentives, and fee waivers to help eligible Aussies realise their home ownership dream faster.

Talk to us today to see whether you are eligible for any of these incentives.

Are you a single parent and wondering how to buy a home? Did you know that with as little as a 2% deposit you can build a new home or purchase an existing one, without paying Lenders Mortgage Insurance (LMI). Best of all you don't need to be a first home buyer, you may still eligible if you have owned property before.

Arrange a time to chat about your situation and check if you are eligible. We would love to help you into home ownership.

www.artemisfinance.com.au
[email protected]
0422 088 013
https://calendly.com/artemisfinance/call

As fixed rates are nearing their end, it's the perfect time to review your mortgage options and secure a better financial future for you and your family🌟💰

We are offering mortgage reviews! Our expert team will review your current mortgage terms, assess your financial goals, and help you find the best solution tailored to your needs. 💼🔎

📊 Improve Cash Flow: Consolidate debt and free up cash for other goals.

🌈 Flexible Options: Choose from fixed or adjustable rates that suit your needs.

📋 Streamlined Process: Our expert team will guide you through every step hassle-free.

💬 Comment "REVIEW" below, and we'll reach out to you with all the details. Let's make the most of the changing rates and secure your financial future today! 💪🏡

🏠💰As fixed rates are nearing their end, it's the perfect time to review your mortgage options and secure a better financial future🌟💰

We are offering mortgage reviews! Our expert team will analyze your current mortgage terms, assess your financial goals, and help you find the best solution tailored to your needs. 💼🔎

📊 Improve Cash Flow: Consolidate debt and free up cash for other goals.

🌈 Flexible Options: Choose from fixed or adjustable rates that suit your needs.

📋 Streamlined Process: Our expert team will guide you through every step hassle-free.

💬 Comment "REVIEW" below, and we'll reach out to you with all the details. Let's make the most of the changing rates and secure your financial future today! 💪🏡

🎉You’re invited to the Launch of Property Boss Mums Podcast – featuring Elaine Stack with Sharon Bae and Emma Allen to talk all things property, careers and money matters! FREE event – RSVP https://propertybossmumslaunch.eventbrite.com.au and;

JOIN our Facebook Group: https://www.facebook.com/groups/propertybossmums 🥰

April RBA meeting has put rates on hold, a reprieve for mortgage holders. Please reach out if you need any advice on your loan

Looking forward to presenting today at Lendlease with these two amazing women!

Happy International Women’s Day from the team at Artemis Finance!

Latest rate increase for October 2022. Check out our blog for more info

Testimonial from our client who has bought an investment property!

Property of the week! Who wouldn’t love this view straight to the Harbour Bridge! 4/23 Wentworth Street Point Piper NSW .com.au

The Reserve Bank has increased the cash rate by 50 basis points so if you need any assistance or advice, please contact us. All major banks have passed on the increase in full.

Congratulations to our clients who was successful at auction over the weekend! We love helping our clients purchase their first home ❤️

I’m reverting back to my maiden name of Sharon Bae. Very excited about the change and what the rest of 2022 has in store!

We arranged finance for our client who runs their own business and whose situation was a little "out of the box". Working with their accountant, we provided a great outcome and they were able to purchase their dream home. Another happy client!

❤️

Financed!

A beautiful new home for our clients.

According to the survey, the top-rated reasons for using a mortgage broker were:

“Securing a competitive interest rate”
“Access to the best loan to suit my needs”
“Help with navigating the loan approval process”
“Fast loan approval process”

Find out how we can help you!

❤️

Client Testimonial!

We absolutely adore our clients!

Talk to us to see how we can improve your financial situation or help you achieve your financial goals!

Financed! A stunning near new 2 storey penthouse apartment in Waitara.

Talk to us so we can help your purchase your next home or investment property.

Latest changes to borrowing capacity - it just became harder to obtain a big home loan.

APRA, the banking regulator, has instructed banks to increase the buffer they use when assessing home loan applications.

The buffer has been increased from 2.50 to 3.00 percentage points.

Imagine, for example, you applied for a home loan that had an interest rate of 2.25%.

Previously, lenders would assess whether you’d be able to repay the loan if the interest rate increased to 4.75% (i.e. 2.25% plus a buffer of 2.50 percentage points).

Now, that loan will be assessed at 5.25% (i.e. 2.25% plus a buffer of 3.00 percentage points).

So it’s just become a bit harder to take out larger home loans.

APRA is doing this to stop borrowers taking on excessive debt. That will make it more likely borrowers can repay loans, which in turn will protect the banking system.

According to the Reserve Bank chart below (from September 22), there has been a sharp rise in home loans with a DTI (debt-to-income) ratio of greater than 6 – e.g. somebody earning $100,000 but borrowing more than $600,000. That is why APRA is concerned.

QBE makes 2024 property price forecast

Property prices have been growing at astronomical rates during 2021 … but where are they heading over the next three years?

QBE has made a series of forecasts in its annual Australian Housing Outlook.

The key predictions are:

* Prices will increase in all capital cities between 2021 and 2024
* Canberra will experience the most growth, followed by Hobart and Perth
* Unit prices will grow faster than house prices in five of the eight capitals
* Hobart’s median house price will overtake Brisbane’s
* Sydney’s median house price will exceed $1.5 million

Easy entertaining for our client who made the most of the low interest rates on offer and renovated their beautiful home. Talk to us about how we can help finance your home renovation. Who is looking to renovate their outdoor space in the near future? Dreaming of a new pool or backyard? Chat to us and see what’s possible.

Is it time to spring clean your finances? - https://mailchi.mp/59f71d4ec4be/is-it-time-to-spring-clean-your-finances-8895337

Did you ever think about doing a spring clean on your finances? It’s something that borrowers don’t generally consider but did you know if your mortgage is 2, 3, or even 4 years old you could be paying mortgage loyalty tax to your Bank? Meaning, you could actually be paying higher interest rates than borrowers who take out new loans.

Reach out to us for a quick chat and take advantage of our free mortgage review service. In addition to low interest rates, some Lenders are offering cash back and incentives like waived application, valuation and establishment fees. Don't be a borrower paying loyalty tax.

Dream bathroom! This time it's bathroom inspiration from one of our clients who made the most of the low interest rates on offer and renovated their beautiful home. Talk to us about how we can help finance your home renovation. Who is looking to renovate their bathroom in the near future?

renovation

Today is a reminder to check in with your friends, family and people in your world not just today but everyday. Start the conversation and ask ‘Are you OK?’ 💛