Collective Success Finance

25/12/2023

From my family to yours....
Wishing you all a Merry Christmas filled with love, joy, and the warmth of family and friends. May this holiday season bring you peace and happiness, and may the coming year be filled with blessings.

15/12/2023

I'm proud to join the Kids4Kids Foundation as an official Board Member.

The Kids4Kids Foundation was set up to help struggling families by providing school supplies for their children. We believe a quality education can help prepare children to become more productive, responsible, ethical, creative and compassionate members of society.

To find out more about the Foundation or how you can help, visit https://kids4kidsfoundation.org.au

13/09/2023

Have you heard about the Australian Government's First Home Guarantee?

As a first home buyer, you can borrow up to 95% of the home loan without having to pay Lenders Mortgage Insurance, saving you up to $28,000 in fees.

There is a value cap on this scheme. The maximum house price for the greater Brisbane area (including Ipswich, Jimboomba, Beaudesert), Gold Coast and Sunshine Coast is $700,000.

You also qualify if you haven't owned a home in the last 10 years.

Contact me if you would like to learn more and check if you qualify for this home guarantee scheme.

28/06/2023

If you're looking to lock in a good home loan rate and save on your home loan repayments, this might be it. 5.49% fixed for 1 year. This includes 100% offset accounts, a redraw facility and the ability to make extra payments. This is a rare find for fixed-interest loans.

This rate is cheaper than most current variable rates being offered right now and you can lock it in for 12 months.

If you are interested to learn more or see if your loan qualifies for this rate, reach out. You can message me or call 0408 003 662.

06/06/2023

Following a surprise increase last month, the Reserve Bank of Australia (RBA) has once again decided to raise the official cash rate by 0.25% today.

The decision to increase the official cash rate to 4.10% is driven by the April Consumer Price Index, which rose from 6.3% to 6.8%, and concerns regarding the impact of the Fair Work Commission's announcement on Friday, which included a 5.75% boost to the minimum wage.

Several banks have already announced their intention to increase interest rates on variable loans shortly, and we anticipate other banks to do the same.

If you have a home, investment, or commercial loan, I strongly recommend reaching out to your local independent mortgage broker to conduct a health check on your loan, which is free of charge. This simple step could potentially save you thousands of dollars per year in interest payments.

02/05/2023

Following a pause last month, the Reserve Bank of Australia (RBA) today decided to increase the official cash rate by 0.25% to 3.85%.

Interestingly, many financial experts had predicted that the RBA would keep the rates on hold as the inflation had eased to 7% during the March quarter.

While the RBA acknowledged that inflation was heading in the right direction, their reason for raising the rates was that the inflation remains well beyond the RBA’s target range of 2-3%.

The banks will most likely begin to pass on this rate rise within the week.

If you are concerned about what this could mean for you and your mortgage or would like to explore your options, contact me for a no-obligation chat.

25/04/2023

ANZAC Day.

A day to remember and honour the heroes, past and present, who have given and continue to give to keep us safe and this country free.

We salute and thank you.

Lest we forget.

14/03/2023

Always grateful to get feedback from our wonderful clients. Thank you Leslie.

07/03/2023

To no ones surprise, the Reserve Bank of Australia (RBA) yesterday decided to increase the official cash rate for the tenth consecutive time, this time by 0.25% to 3.60%.

This is despite a slightly lower inflation figure of 7.4% in January, their reasoning is due to stronger-than-expected January retail sales.

Most banks will follow suit to increase the variable interest rates on home loans within the next 4 weeks, some as early as this week.

If you'd like to see if there are better home loan rates or packages in the market, get in touch. A 30-minute phone call could save thousands of $$ in interest payments a year, and better yet, my services as a mortgage broker won't cost you anything.

20/02/2023

Hello. I'm Shrabean, your friendly local mortgage broker.

Being an independent broker, I have access to over 15 banks and other lenders and hundreds of different loan options. I work for my clients and not the banks or lenders and work hard to make the loan journey as painless as possible. The great news is that my services are 100% free for clients and prospective clients. Whichever bank or lender you choose to go ahead with pays for my service, not you.

We can help you find:
- better interest rates on your current home or commercial loan.
- home or commercial loan packages that better suit your needs.
- strategies on how to pay off your home loan quicker.
- strategies to help you buy your next home or investment property.
- help you finance your next vehicle purchase.

I would love to help you find the best loan packages to suit your requirements.

Contact me via messenger, email or phone for a no-obligation chat about your home loan needs.

20/02/2023

This article explores if it's better to buy your home or rent in 2023, especially as interest rates continue to increase and property prices decrease.

It’s the ultimate property conundrum – buy or rent? The answer is: it depends. Annoying, right? But don’t be discouraged. It’s not an impossible question to answer. It just means the key factors you need to consider – prices, rent, interest rates – are constantly shifting. It’s worth d...

10/02/2023

With the Reserve Bank of Australia increasing the cash rate by 0.25% yesterday, we have already started seeing banks passing on this interest rate increase to their home loan customers. The average variable home loan rate is now sitting in the mid 6% range.

There is some good news. There are lenders that we have access to that have home loan variable rates still below 5%.

If you are concerned about balancing your home loan repayments, or just want to have your home loan reviewed, feel free to contact me through Messenger, email - [email protected] or by calling 0408 003 662 for a no-obligation chat.

I am an independent mortgage broker and have access to over 15 banks and lenders, and hundreds of different loan options. My services are 100% free for clients and prospective clients.