Zobel Finance Glenelg

24/09/2024

🚨 The official RBA Cash Rate has been held at 4.35% for the 7th straight meeting.

🟠 Whilst the hold doesn't provide instant relief for homeowners, some of the current interest rate offerings are a sign that the banks have confidence that the Cash Rate will be reduced in the near future.

09/09/2024

💸 What is your largest ongoing expense?

🏡 For the vast majority of people, it is their home loan and we're encouraging people to review their current home loans in the hope of keeping more of their hard earned money in their own pocket.

🥔⛽🍺Whilst many are rightfully concerned with saving a few bucks on 'potatoes, petrol and pints', we wanted to stress that there is serious money to be saved by simply reviewing your home loan which, in many cases, can save you tens of thousands of dollars over the life of the loan!

📞 If you're looking for ways to combat the cost of living crisis, just remember that one call to Zobel Finance could save you thousands of dollars!

30/08/2024

❓ Latest inflation data a sign we can begin to be cautiously optimistic?

📉 The Australian Bureau of Statistics (ABS) has announced the monthly Consumer Price Index (CPI) - a key metric in the measurement of inflation - sat at 3.5% for the month of July. Whilst inflation is still above the central bank’s target range (2–3 per cent), it continues to fall.

🤔 Whilst most economists still don't expect a rate cut from the RBA this year, some see this as the first sign our economy is starting to turn. This sentiment was seemingly also held by some lenders who announced cuts to their fixed interest rate offerings this week.

📞 If you're keen to get on the front foot, contact Zobel for a review of finances.

27/08/2024

🏡 What are the trends in the Adelaide Real Estate market?

💰 $775,245 median house value
📈 5% Quarterly Growth
📈 15.5% Annual Growth

Figures as reported in Core Logic's Regional Market Update released in August 2024.

19/08/2024

🤔 A question we get asked frequently is 'How much could I save by refinancing'? The simple answer is, more than most people realise!

🤑 We thought the easiest way to answer this was to show you how much you could save over the life of a loan if your rate dropped by a certain percentage and you kept your repayments the same. Not to mention how much earlier you could have the loan paid off!

📞 For a personal calculation on how much you could be saving, contact one of our friendly brokers.

*Interest rates used in this example were a drop to 6.25% from 6.50%, 6.75%, 7.00% and 7.25% respectively.

13/08/2024

🧳 Last week five of our brokers spent a few nights in Cairns for our sub-aggregators National Conference.

📚 The time away was filled with learning, and the team particularly enjoyed a couple of guest speaker sessions hosted by Sam Bloom and Kel Marks.

🍾 Our team celebrated at the National Awards night after our very own Nat Pearson was awarded a first place and third place for total settled transactions nationally - Congratulations Nat, very well deserved!

🚤 The guys did also get some time away from the laptops, with a day spent out on Green Island on the Great Barrier Reef where the team kicked back and relaxed (and some might have got a bit 'green in the gills' 🥴).

As always, the team thoroughly enjoyed themselves and represented Zobel with aplomb.

Aidan, Simon Villani, Nat, Simon Engel and Brad (L to R - first picture).

06/08/2024

🚨 Cash rate remains on hold at 4.35%

🟠 Whilst it is not a decrease, a cash rate hold is welcoming news at the current time with many starting to feel the pinch.

📰 Whilst most economists had tipped the cash rate to remain steady, there was some concern that last weeks release of the quarterly inflation figures might prompt the RBA to hike.

05/08/2024

🚨 REMINDER - RBA Rate Call to be announced this afternoon.

🤔 Most economists are still tipping a hold to the current rate of 4.35%. What are your thoughts?

23/07/2024

❄ Housing market growth starting to cool

🖱 Click the link below to read on about recent housing market data...

Recent data shows a slowdown in housing value growth in Australia, with some parts of the country even seeing a drop in house values over the last month. The National Home Value Index (HVI), the metric widely used to assess national housing growth, increased by 0.5% over the 4 weeks to July 18. Whil...

16/07/2024

🏘 With the real estate market currently being so competitive, you need something to set your offer apart from the rest.

😅 Obtaining Pre-Approval can provide that edge, as your offer may potentially be given a boost with the agent/vendor likely to have more confidence in your offer.

💸 Pre-Approval also provides greater confidence when searching the property market as you know what repayments are and what you can afford.

📞 Talk to one of our Mortgage Brokers to start the process of applying for Pre-Approval.

11/07/2024

😅 Want someone to take the stress out of arranging your home loan?

🍾 Whether it be financing your new home or refinancing an existing mortgage, our team of experienced brokers will make it easier for you.

09/07/2024

💲 Tax time is here and we are urging our clients - particularly those with an investment property and business loans - to contact their accountants to ensure they are claiming possible tax deductions.

🏡 Whilst interest on owner occupied properties is not tax deductible, interest paid on investment property loans can be claimed, along with loans taken out for renovations on the property.

🚛 Similarly, interest paid on business equipment loans can be claimed as a tax deduction.

📞 If you don't have an accountant already, contact your broker at Zobel for a recommendation.