Bayleythebroker

Bayleythebroker Here to assist with all things finance

14/04/2026

the call every first home buyer never forgets

every time I get to make this call it gets me.

this couple came to me through a close friend and existing client of mine - who set some pretty high expectations before we’d even spoken. we laugh about that now.

they’d had failed pre-approvals before. knocked back offers. the whole thing. and through all of it they just kept showing up, kept trusting the process, kept believing the right one would come.

it did.

getting a mortgage isn’t the hard part. it’s staying half-full through the rejections, the near misses, the waiting - and knowing that when the right place lands, it lands for a reason.

so stoked for this family. keys incoming.

13/04/2026

Time for maple to get her own bedroom

Realised I don’t need all the garage space the van has so decided to turn some of into a crate that is all hers

I have the biggest computer fingers so the idea of this was actually kinda intimidating but we got there and I know she’s going to be very happy in having her own space finally

01/04/2026

Time to move back into the office on wheels

Tassie coming up quick and got a few things to sort out over Easter before we head off again

excited to be back shortly

30/03/2026

a $20,000 credit card limit you never use is costing you ~$100,000 in borrowing power.

australians owe $43.5 billion on credit cards. the average unpaid balance just jumped 10% in a year. and more than a third of cardholders aren’t paying it off each month.

but here’s the part that catches people off guard - even if your balance is zero, the bank still counts your limit against your borrowing capacity. a $20k limit wipes roughly $100k off what you can borrow.

if you’re thinking about buying and you’ve got cards sitting in a drawer, get rid of them before you apply.

send me a message if you want to know what’s dragging your number down. takes two minutes.

27/03/2026

Your credit card limit is quietly killing your borrowing capacity.

Even if the balance is $0.

Banks don’t look at what you owe - they look at your limit. They multiply it by roughly 5 and subtract it from what you can borrow.

So that $20k card you never use? That’s $100k gone.

Most people don’t find out until they’re short on the place they actually wanted.

Quick fix: cancel the cards you don’t need before you apply.

Not sure what the bank is seeing? DM me — takes 2 minutes to check

26/03/2026

definitely had to script this one because it’s such an important topic and can genuinely reframe how you make decisions.

Clear Thinking by Shane Parrish — what does this have to do with property?

for most people it comes down to “should I buy a house” and then two options: yes or no.

talking through why that’s the wrong way to evaluate your options and make an informed decision.

25/03/2026

saving more won’t get you a bigger loan.

your borrowing capacity is based on income, expenses, and debts. that’s it. the bank doesn’t care if you’ve got $20k saved or $200k saved - the max they’ll lend you is the same number either way.

all extra deposit does is increase your purchase price.
so while you’re grinding to save another $20k, the market keeps moving. that property at $500k is $560k now. you saved $20k and the goal moved $40k. you went backwards.

and here’s what most people don’t know - you might not even need more.

first home guarantee lets you in at 5% + costs with no LMI. on a $500k property that’s $25k (+$4,000 rough for costs) a lot of people already have that sitting there.

no deposit at all? a family guarantor gets you in at zero. your parents use equity in their property - no cash, not on the title, just backing you until you’ve built enough to release them. most people are out within a few years.

if you’ve been waiting because you think you need more saved - you probably don’t. you might already have enough. you just haven’t had someone run the numbers.

24/03/2026

throwing extra cash at your mortgage and feeling good about it.

i get it. watching that balance drop feels like you’re winning.

but if you’ve got a personal loan at 12% or a credit card at 20%… that feeling might be lying to you.

saving 6% on your home loan while higher interest debt is still sitting there isn’t a strategy. it’s just the comfortable option.

the redraw thing doesn’t save you either. if you could pull it back out to clear the credit card, why hasn’t that happened yet?

doing the right thing in the wrong order is still the wrong thing.

Something I’ve been thinking about for a few weeks now and felt the urge to put out there.I’m not an economist. Economis...
23/03/2026

Something I’ve been thinking about for a few weeks now and felt the urge to put out there.

I’m not an economist. Economists are mostly a fugazi of numbers and metrics (Super forecasting: the art and science of prediction nails this point). But I’ve spent close to a decade watching markets and I reckon it’s worth sharing how I’m seeing things play out.

Iran is the focal point right now. Oil is the base resource of our entire economy - and Australia barely refines any of it. We’re dependent on Asia for over 80% of our refined fuel. If our trading partners start stockpiling for themselves, we get what’s left.

Oil up. Transport up. Manufacturing up. Prices up. Rinse and repeat.

The RBA is stuck. Inflation isn’t slowing down. And if the government has to turn the money printer back on to keep things moving - you already know what happens to property 📈

I don’t know where this road leads long term. But for now I’ll keep it simple - in an inflationary economy, assets tend to go up.

Full breakdown on the blog - link in bio

23/03/2026

your rate is probably higher than it needs to be

banks price in tiers based on your LVR. under 90, 80, 70, 60%

each one unlocks better pricing.

your property’s gone up. you’ve been paying the loan down. there’s a decent chance you’ve quietly dropped into a cheaper tier and nobody’s told you. they won’t. every month you don’t ask, they make more money.

and most people just don’t ask. not because they’re lazy. because our brains treat asking for something like it’s a risk. the fear of hearing no feels bigger than saving thousands. so it goes in the too-hard basket.

it’s a five minute phone call.

don’t ask, don’t get.

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