Jack Magann - Mortgage Broker Newcastle

10/06/2026

A great morning at the Central Newcastle Butcher Boys first ever sponsors breakfast ☕🥓

I'm proud to be sponsoring this great club.

To put our money where our mouth is: for every referral that comes through Central we will donate $500 straight back to the club.

Buying, bulding or refinancing? Let's chat to help you and also help the club.

28/04/2026

Westpac raised fixed rates before the RBA even met. Let that sink in.

Every time rates go up, your borrowing capacity goes down. The good news is, it’s not too late to refinance.

I'll find out if there's a better deal out there for you, walk you through your options, handle all the paperwork, and it won't cost you a thing.

DM me or hit the link in bio to get started.

28/04/2026

Westpac raised fixed rates before the RBA even met. Let that sink in.

Every time rates go up, your borrowing capacity goes down. The good news is, it’s not too late to refinance.

I'll find out if there's a better deal out there for you, walk you through your options, handle all the paperwork, and it won't cost you a thing.

DM me or hit the link in bio to get started.

20/04/2026

Rate rises are coming. If you listen to the big four banks and most economists, we're looking at two more, at least. Are you nervous? I am. Here's the thing. Waiting until the increase actually kicks in before refinancing means your borrowing capacity will have already shrunk. You might not even qualify. Anyway, it's worth a chat. And yes, it's free.

14/04/2026

What is a fixed rate home loan, and should you get one?

It's one of the most common questions I'm getting right now, so here's the honest breakdown.

A fixed rate locks in your interest rate for a set period, usually 1 to 5 years. Your repayments don't move during that time, no matter what the RBA does. That predictability is the whole point.

The upside: You know exactly what you're paying. If rates go up, you're protected.

The catch: If rates drop, you won't benefit. Most fixed loans also limit how much extra you can repay, and if you need to refinance or sell before the fixed period ends, break costs can be significant.

So when does fixing actually make sense? Mainly when budget certainty matters more to you than flexibility. If you're tight on cash flow, just bought, or genuinely stressed about rate rises, fixing can take a lot of pressure off.

If you're planning to sell soon, want to smash down your loan faster, or think rates might fall, a variable or split loan is probably worth a closer look.

Be honest, do you know what your current interest rate is right now?

17/03/2026

Bit of bad news just landed — the RBA has pushed rates up again. Another 0.25%, taking the cash rate to 4.10%.

If you’re on a variable rate, your repayments are going up again. I know this is not what anyone needed to hear today.

But here’s the thing — depending on your situation, there’s a decent chance we can get you onto a better deal before your bank even gets around to passing the full rise on.

I’m a mortgage broker, so this is literally what I do. Send me a message if you want me to take a look at what’s possible for you.

The Reserve Bank has raised the cash rate to 4.1 per cent, its second hike in as many months as inflationary pressures continue. Follow the latest updates in our live blog.

03/02/2026

The Reserve Bank of Australia has increased the official cash rate by 0.25% to 3.85%, the first rise in over two years, in response to persistent inflation pressures.

While this adjustment means variable mortgage repayments will increase slightly for many homeowners, it's a clear signal that the economy remains strong and inflation is being brought back under control.

I'm here to help you navigate these changes—whether by reviewing your current loan to secure better rates, exploring fixed-rate options to lock in stability, or restructuring to ease the impact on your budget.

Don't let this rise catch you off guard. Contact me today for a free, no-obligation review, and let me help you secure the best path forward for your home loan.

02/02/2025

We are sponsoring the Mighty Magpies again this year. If anyone from the club is looking for a loan, please get in touch. We will be giving back to the club, part of the commission earned on any loans settled for people within the Magpies community.

⚫️⚪️SPONSOR NEWS⚪️⚫️

We are pleased to announce that Jack from Vandelay Finance has agreed to jumped back on board for the 2025 season.

If your are looking to buy or refinance get in contact with jack and tell him the magpies sent you. Jack an “old boy” has built his reputation and has great reviews, is friendly and exceptional in his field.

Thankyou for your ongoing support!!!