Heath Pilton - Mortgage Broker

06/09/2022

The RBA raised the cash rate today for the 5th month in a row
With an increase of 0.50%
Taking the cash rate to 2.35%.

If you haven’t reviewed your Home Loan yet this year. Then you really should now.
Please reach out if I can be of any assistance.

The Reserve Bank lifts interest rates for the fifth month in a row, taking the cash rate to 2.35 per cent, a seven-year high. Follow live.

04/09/2022

Happy Father’s Day to all the dads out there..

07/06/2022

The Reserve Bank has lifted the cash rate today. To discuss what your options are and/or what this means to your budget.. please contact me on 0411 424 035.

The Reserve Bank of Australia has lifted the official cash rate by a whopping 50 basis points to 0.85 per cent as households and business continue to feel the effects of rampant inflation.

03/05/2022

With an interest rate rise announced by the RBA today, you need to know where you stand with your loan(s) and the effect it will have on you and your household. Reach out if you want to chat about your personal circumstances and finances..

: The Reserve Bank has increased Australia's cash rate for the first time in more than a decade, signalling the end of "cheap money" for Australians.

The RBA today lifted the official rate from 0.1 per cent to 0.35 per cent, in a bid to curb surging inflation.

INFO: http://9Soci.al/MqYi50IXAyp

| Nightly at 6pm

24/02/2022

Good news for potential sellers and not so good for potential buyers..

If you need help sorting your finances before he border opens let me know, will need to get in quick..

Industry insiders predict anywhere from 20,000-80,000 interstate and overseas arrivals will be fighting over only 10,000 properties in the months after reopening.

03/11/2020

RBA cuts cash rate to history making 0.1%

What does this mean for you? Please call me or drop me a message to discuss..

The Reserve Bank has cut the official cash rate today to an all-time low of 0.10 per cent from 0.25 per cent.

07/06/2020

Good morning WA. New home builder grant announced by the Premier this morning in additions to the Federal scheme..

If you are thinking about building a home..
Let’s sit down and crunch the numbers..

While restrictions may have started to ease, the economic challenge from the pandemic and the restrictions we needed to put in place remains.

That includes our construction industry, where the pipeline of new projects has slowed dramatically, putting local jobs at risk in the coming months.

If we take action, we can help to mitigate or avoid the potential damage.

But we need your help.

If you have been thinking about building - now is the time to get it underway and support local jobs.

To help get new homes under construction, we're introducing $20,000 Building Bonus grants for any Western Australia to build a new house or purchase a property in a single-tier development already under construction.

The grants will be available until the end of the year, and will not be means tested and have no cap on property value.

They will be on top of the Federal Government's HomeBuilder Grants, as well as WA’s First Home Owner Grants and first home buyer duty concession, meaning someone who qualifies for all four could access up to $69,440 in Government assistance to help build their first home.

Simply put, these grants are about getting as many new projects off the ground as possible, and keeping as many WA jobs intact as we can.

We're also making some changes to the 75% stamp duty rebate we introduced for new multi-tier developments last year.

The rebate, which is capped at $25,000, will now also apply to purchases in multi-tiered developments already under construction, in addition to pre-construction contracts.

08/02/2019

It’s been a few days now since the recommendations have been publicised from the Royal Commission and no matter what you think about it, Commissioner Hayne has clearly taken his review of the Bank’s Misconducts, wrongly labelled the Broking industry as the source of the Bank’s wrongs, and sentenced the Brokers to pay for the Banks Sins. A Scapegoat if you will.

If what Commissioner Hayne said was true and my job is complete when a loan settles, why do I spend hours every week and year answering client’s questions in relation to their banking, helping them understand & manage and make changes to their Banking & lending over the life of their loan, reviewing their loans and making changes for them where they have a need, all for what Hayne believes should be $0 income?

And of all the people I have seen supporting Hayne’s recommendations, not one of them have I seen volunteer to continue to do their job without pay.

As a Broker, I am not influenced by the marginal differences that lenders pay in commission, but the needs and objectives of my clients, and that’s what I put first when recommending a loan.

Whether I have had the pleasure of providing you with my Service, or you have had a great experience with another Broker, or you have not been looked after at some stage by your bank, PLEASE sign the petition, support our industry providing a service to you, preserving the industry and preserving competition in Australia. If these recommendations are made law, it will return us to the old systems, where the Banks had the power and you and I were, and will be under the merciless control of the Major banks and the banking industry.

Keep the Banks Honest!

Save the Mortgage Broking Industry!