Trent's Mortgage & Finance Broking

28/09/2022

🤓 Economists expect house prices to swing back up by 2024 📈⁣
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National house prices might be on the decline, but experts don't think they'll stay that way for long. 😃⁣
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ANZ updated housing forecast predicts a decline to the end of 2023 (as much as 20%), then a 5% increase through 2024.⁣
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So if you're wanting to take advantage of any dip in prices before the next upswing, now is the time to start planning ahead. 👍⁣
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We can help you assess your borrowing capacity and give you a roadmap so that you're ready to buy when the opportunity arises! 👇⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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26/09/2022

🏡 How much equity could you leverage from your home? 🤔⁣⁣
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You might have heard that property prices spiked 23.7% in 2021. 📈⁣⁣
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So how do you take advantage of that recent growth without selling your home? 🏡
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One way is to cash out equity while property prices are high. 👍⁣⁣
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Three in 10 mortgage holders* have recently done just that to give their home a facelift by renovating. 🔨 ⁣⁣
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Other popular options include using unlocked equity to buy an investment property (16% of homeowners), invest in shares (12%) and boost super balances (8%). ⁣⁣
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Get in touch today to explore how much equity you could leverage for a reno or investment. 🙂⁣⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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* NAB research⁣⁣
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22/09/2022

Household budgets around the country are feeling the brunt of five back-to-back rate hikes. But just how long does it take for each rate rise to impact your monthly mortgage repayments? ⏳

Household budgets around the country are feeling the brunt of five back-to-back rate hikes. And we’ve been warned more are on the way. But just how long does it take for each rate rise to impact your monthly mortgage repayments? As you’re probably aware, in early September the RBA raised the cas...

21/09/2022

Why use Trent’s Mortgage and Finance Broking?

Experience matters
We do the legwork
Expert advice and guidance
Competitive pricing

So, let us be your mortgage broker. https://trentsmortgageandfinancebroking.com/

21/09/2022

🏡 5 ways you can absorb interest rate rises 📈⁣
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Another month, another RBA cash rate hike. 😅⁣
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If you’re having a little trouble hanging in there, here are 5 suggestions to help you alleviate some pressure on the household budget 👇⁣
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💰 1. Build up a buffer: if you can, start putting extra money into an offset account, redraw facility, or savings account.⁣
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➖ 2. Reduce expenses: entertainment subscriptions, take-away coffees and takeaway food all add up each month.⁣
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🛒 3. Shop around: you can usually find a better deal on car, home and pet insurance, utilities, and your phone and internet bill.⁣
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🏦 4. Refinance: if you haven’t refinanced in a while, you could get a better rate on your home loan.⁣
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🤝 5. Speak to us: everybody’s situation is different. We can help you work out a specific plan moving forward.⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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19/09/2022

🏠 Property prices are tipped to fall: are you in the market to buy? 📉 ⁣
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If so, here’s how you can start preparing:⁣
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1. Research the market to see what’s out there and get an idea of the price 🔎⁣
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2. Keep your tax returns up to date so lenders can quickly assess your income when the time comes💲⁣
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3. Reduce unnecessary expenses so you look like a savvy spender 💳⁣
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4. Build up your deposit with genuine savings 💪⁣
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5. Speak to us about your borrowing capacity and pre-approval so you know what your borrowing limit is 🏦⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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15/09/2022

Recent back-to-back interest rate hikes have led to a cooling of the property market. But could the current climate offer opportunities? 🤔

Recent back-to-back interest rate hikes have led to a cooling of the property market, and with more rate rises predicted, you may feel like pumping the brakes on purchasing. But could the current climate offer opportunities? With the predictions of coming rate rises and falling house prices, it’s ...

14/09/2022

🏡 Did you know the average first home buyer deposit is $120,000?* 😬⁣
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But what if we told you we know a way to break into the property market for less? 😯⁣
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How so?⁣
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Well, instead of saving up for the usual 20% deposit, eligible first home buyers can take advantage of the federal government's 5% deposit First Home Guarantee scheme.⁣
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The scheme allows eligible applicants with only a 5% deposit to purchase a property without paying for lenders mortgage insurance (LMI). 😁 ⁣⁣
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First home buyers who use the scheme fast-track their property purchase by 4 to 4.5 years on average*. 🤜 🤛⁣ ⁣
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But there's a catch: spots are limited to 35,000 and they generally fill up fast. 💨⁣⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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*Finder analysis⁣
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12/09/2022

🕚 Here's why you might want to put refinancing higher up on your to-do list 📝⁣
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When you refinance, your new lender must assess your 'home loan serviceability'. 🏠⁣
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Basically, that's your ability to meet home loan repayments at an interest rate that's at least 3% above the loan product rate you're being offered. 👍⁣
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And as you might have heard, the big four banks are tipping the RBA's official cash rate to increase from 2.35% (September) to anywhere between 2.60% (Commbank) and 3.35% (ANZ) by November. 📈⁣
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Which means as interest rates go up, so too does the hurdle you need to clear for home loan serviceability when refinancing. ⁣
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So the sooner you refinance, the lower the hurdle you'll need to clear to ensure you're not stuck with your current lender and deal. 😅⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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09/09/2022

😀🚡Looking for a home loan and need a Mortgage Broker to help and guide you through the home loan process.🚗🚍

📱📲💻🖱Subscribe to Trent's Mortgage and Finance Broking email newsletter subscription.🖥

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07/09/2022

📈 How long are interest rates expected to keep rising? 🤔⁣⁣
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In May the cash rate was at a record low 0.10%, by August the RBA had increased it to 1.85%. 😬⁣⁣
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Now the RBA is tipping the official cash rate will hit around 3% by the end of 2022, and then a bit of a decline towards the end of 2024. 📉⁣⁣
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But hey, take all forecasts with a grain of salt - last year the RBA forecasted that it wouldn't increase the cash rate until 2024. 😅⁣⁣
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If you're starting to feel the pinch from back-to-back-to-back double interest rate rises, get in touch today to explore some relief options. 👇 ⁣⁣
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To find out more, contact Trent's Mortgage & Finance Broking on:

☎️ – 0450 816 136
💻 – [email protected]
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06/09/2022

The RBA has hiked the official cash rate by another 50 basis points to 2.35%. Here’s how much you can expect to pay on your mortgage going forward and how we could give you a helping hand. 🤝

The Reserve Bank of Australia (RBA) has hiked the official cash rate by another 50 basis points to 2.35%. Here’s how much you can expect to pay on your mortgage going forward and how we could give you a helping hand. This is the fifth month in a row the RBA has increased the cash [...]Read More...