Astute Lending Services

18/12/2023

Hi all.

I'd like to wish everyone a Merry Christmas and a safe and happy start to 2024.

If you're travelling on the roads during the holiday period, please take it easy and arrive/return safely.

Here's hoping 2024 is a successful and less stressful year than 2023 and it's challenges.

All the best

Dean 🎅🎅

12/12/2023

Hi folks.

I hope you're all getting ready for Christmas.

I came across this little graph the other day.

For those with a mortgage and a long memory, I thought you might be interested in seeing where the RBA has set the case rate since the early 1990's through to now.

Cheers.

Dean
0448 884 106

05/12/2023

Hi folks. Sorry I've been M.I.A for a bit on facebook.

The RBA provided us a small Christmas present today.

NO Rate increase.

However. some of the banks and lenders have sneakily introduced some 0.05% - 0.10%pa increases over the last week.

If I haven't reviewed your interest rate recently, please reach out and give me a call on 0448 884 106.

I'm always on the look out for new customers to help too, so if you have any friends or family who have home and investment loans, I'd be happy to help them out too.

Take care.

Dean
0448 884 106

01/08/2023

Hopefully by now, you would have heard the news.
No rate rise this month by the RBA. 😀

25/07/2023

Hi folks

I found this article, which is describing the current state of play on why property prices are still buoyant.

The article also provides a table on the recent history of the Official Cash Rate during the Mid 90's, GFC and post GFC times (note the 4% drop in the cash rate), during Covid and now.

Very interesting to see this graph.

Enjoy.

Dean 0448 884 106

The Australian property market has been witnessing a paradoxical trend where property prices continue to soar despite a series of record interest rate hikes. This unexpected scenario can be attributed to the persistent high demand for properties, fueled by a significant decrease in the number of pro...

18/07/2023

Hi folks

For those that own an investment property or are considering buying one, watch out, the ATO is cracking down.

The below report is interesting and a bit long.

Enjoy. 😀

Dean 0448 884 106

Data program to shine light on multibillion-dollar shortfall

04/07/2023

GREAT NEWS!!!!!!

No rate increases this month by the RBA.

We have a little bit of breathing room.

Cheers

Dean

30/06/2023

Hi folks

A bit of self promotion today.

Loan application lodged late yesterday with Macquarie Bank.
Formally approved by lunch time today.
A one touch approval. They way I like them to go. 😁

If you know anyone that needs some finance/lending advice, refinance advice and/or a new loan, please pass on my details.

Thanks folks.
Hope you enjoy your weekend.

Dean 0448 884 106

28/06/2023

Hi folks

No interest rate news today.
It's all happening next Tuesday, though.
Instead, please see an interesting article from Macquarie Bank about housing trends in the future.

Cheers

Dean - 0448 884 106

Australia is changing rapidly and with it, the needs of the next generation of home owners. As the face of the nation transforms, the property market is set to be shaped by these long-term trends.

06/06/2023

Hi Folks

They've done it again.🥺
More pain is coming.

RBA increased rates by 0.25% to take the cash rate to 4.10%pa (up from 3.85%pa).
https://www.rba.gov.au/media-releases/2023/mr-23-13.html

Time to review your mortgages if we haven't already.

Please don't hesitate to give me a call for chat.

Dean
0448 884 106

05/06/2023

Hi folks.

Property prices appear to be on the rise despite these interest rate increases.

Please see the attached from Core Logic.

Cheers.
Dean 0448 884 106

CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% in May.CoreLogic’s national Home Value Index (HVI) has recorded a third consecutive monthly rise, with the pace of growth accelerating sharply to 1.2% i...

01/06/2023

Hi folks.
Two posts in one week. You must think I'm losing my mind. 🤪

I saw an interesting article which summarises the types of finance available for pensioners.

I have written reverse mortgages in the past and they can be a good idea for some.

You may wish to share this article to anyone in the age bracket, if they need finance.

Cheers

Dean 0448 884 106

Here’s a summary of how these loans and other equity release options differ from one another.