Brooke Crossley - Evolve Finance

17/10/2024

When will interest rates drop?📆❓

Everyone’s asking – when will the Reserve Bank of Australia (RBA) drop the cash rate? Discover the latest on inflation and what the Big Four banks are forecasting.

Read more here 🌐 https://financefocus.connective.com.au/when-will-interest-rates-drop/?utm_source=ActiveCampaign&utm_medium=email&utm_content=When%20will%20interest%20rates%20drop%2C%20home%20loan%20types%20and%20what%20to%20know%20when%20choosing%20a%20property%20manager&utm_campaign=eMag%20-%20October%202024

25/09/2024

RBA continues to hold the cash rate at 4.35%

The Reserve Bank of Australia has decided to hold the official cash rate at 4.35%. 📊

Mark Haron, Connective's Executive Director, comments: “While the cash rate hold is positive news, households are still facing challenges due to the housing market, inflation, and rising costs. Brokers have a critical role to play, especially during the busy spring season, helping clients secure better terms and achieve their long-term financial goals.”

Read the full statement here: https://bit.ly/3Bj3fOr

18/09/2024

🌸 The spring selling season is here! 🌸⁣⁣
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Spring generally sees more homes come onto the market, which means now is a good time to get in touch with us to make sure you're ready to buy. 🤝⁣⁣
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We can help you with loan pre-approval, which helps you set a buying budget and bid at auctions with confidence. 😎⁣⁣
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It also means you don't have to scramble to arrange finance after the hammer falls. 🔨⁣⁣
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Even better, loan pre-approval usually lasts for 3-6 months, so you’re good to go for the whole of spring (and possibly summer!). ☀️⁣⁣
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To find out more, DM or contact Brooke on:

☎️ – 0404 339 660
💻 – [email protected]

16/09/2024

⛔️ Worried about getting knocked back for a home loan? ⛔️⁣
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Fear of rejection has stopped 1-in-5 Aussies from applying for finance in the past year, according to Finder.⁣
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Apparently, one big concern is that a knock back could impact a borrower’s credit score.⁣
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Let’s set the record straight. 💪⁣
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It is applying for a loan that could impact your score - not whether you’re approved or rejected.⁣
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So it makes sense to keep applications to a minimum. ⁣
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Better still, stick to one, and get it right the first time. ✅⁣
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Call us today to find out if you’re in a good position to land a home loan, and give fear of rejection the flick. 👇⁣
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To find out more, DM or contact Brooke on:

☎️ – 0404 339 660
💻 – [email protected]

11/09/2024

🇳🇿 Home Guarantee Scheme now open to Kiwis 🇳🇿⁣
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Great news for New Zealanders wanting to buy their first home in Australia!⁣
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You could be eligible for Australia’s low deposit home buying scheme. 🏡⁣
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The Home Guarantee Scheme (HGS) allows eligible first home buyers to get into the market with just a 5% deposit.⁣
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Or just a 2% deposit if you’re a single parent.⁣
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Better yet, you don't pay lenders mortgage insurance. ⁣
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Kiwis with a 'Special Category Visa 444' are now eligible for the HGS - but don't let the word 'special' fool you.⁣
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It's just the main visa Kiwis get upon arrival when visiting Australia and allows them to visit, study, stay, and work.⁣
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Give us a call today to find out if you're eligible to buy a home in Oz with just a 5% deposit. 👇⁣
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To find out more, DM or contact Brooke on:

☎️ – 0404 339 660
💻 – [email protected]

09/09/2024

🏡 Buying an investment property using your home’s equity 🏡⁣
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More than one-in-five Australians (21%) aspire to own investment properties to build their wealth, according to MLC’s Financial Freedom report.⁣
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And that goal for current homeowners might be more reachable than you think. 🤨⁣
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You see, national property prices have increased 13.5% since January 2023, and CoreLogic’s latest Pain and Gain report reveals that homes sold in the first quarter of 2024 made a median profit of $265,000. ⁣
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But you don't need to sell your family home to tap into any potential rise in equity your home has experienced.⁣
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By refinancing, you can essentially cash out a decent portion of the equity and use it to invest in an investment property, shares, super or even a renovation.⁣
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To find out how you could leverage your family home's equity, give us a call today. 👇⁣
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To find out more, DM or contact Brooke on:

☎️ – 0404 339 660
💻 – [email protected]

04/09/2024

✂️ Could you cut $280 off your monthly repayments? ✂️⁣
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After a string of cash rate hikes, research shows mortgage holders could be paying an interest rate of up to 7.11%, says RateCity.⁣
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But the average rate for new home loan borrowers is currently 6.3%. ⁣
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That's a pretty big difference. 😅⁣
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On a loan of $600,000, refinancing or renegotiating to a lower rate of 6.37% (and that's being conservative) could cut $280 off monthly repayments.⁣
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Call us today to find out if you could cut back your mortgage repayments by refinancing. 👇⁣
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To find out more, DM or contact Brooke on:

☎️ – 0404 339 660
💻 – [email protected]

28/08/2024

🤓 Why three-in-four Aussies turn to a broker for home loan help 🤓⁣
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Latest industry figures show that 74.1% of homebuyers turn to a broker for home loan help (and that figure has been steadily increasing!). 📈⁣
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Here are three ways you could benefit from the support of a mortgage broker with your next property purchase.⁣
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✅ We can help guide the way: we can act as a trusted guide to help you navigate the complex process of buying a home with confidence.⁣
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✅ We work in your best interest: we are bound by a Best Interests Duty, which means we are required by law to always put your best interests first.⁣
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✅ We’re here for the long term: You and your home loan are likely to be together for a while. And we’ll be right there with you, providing regular home loan reviews.⁣
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To find out more, DM or contact Brooke on:

☎️ – 0404 339 660
💻 – [email protected]

26/08/2024

👵 The Bank of Nan and Pop is on the rise 👵⁣
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Nan and Pop have always been good for birthday money. 🎂⁣
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But they’re taking it to the next level now the grandkids are all grown up. 😎⁣
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Compare the Market says almost 1-in-10 Aussie grandparents are now helping their grandkids purchase property. 😮⁣
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It’s great if Nan and Pop can afford to offer a helping hand. 🤝⁣
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But even if you receive a cash gift from a family member, lenders may still want to see evidence of regular saving. 🤨⁣
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It gives the bank confidence you can manage a mortgage. 👍⁣
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So if you'd like us to help you get home loan ready, get in touch today and we'll run through the ins and outs with you. 👇 ⁣
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To find out more, DM or contact Brooke on:

☎ – 0404 339 660
💻 – [email protected]

19/08/2024

🤔 Could BNPL be a roadblock for your home purchase? 🤔⁣
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Two-in-five Australians now use buy now pay later (BNPL) services, according to Finder. ⁣
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But if you’re a prospective home buyer it might be worth going easy on BNPL. 🙃⁣
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Owing money on BNPL could see a lender scale back your borrowing power. 😮⁣
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You may even be asked to close BNPL accounts as part of getting loan approval. ⁣
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If you're currently house hunting and owe money on one or several BNPL accounts, give us a call and we can help you get your finances home loan ready. 👇⁣
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To find out more, DM or contact Brooke on:

☎ – 0404 339 660
💻 – [email protected]

14/08/2024

🏔 One-in-three of borrowers are still to face the mortgage cliff 🏔⁣
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It’s not over just yet...⁣
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Over one-third of the low-rate fixed loans from 2022 will roll over to variable rates this year, says the RBA. 😮⁣
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If that sounds like you, it might be time to start planning ahead.⁣
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✅ Know how your repayments could change: we can explain likely loan repayments after your fixed-rate period ends.⁣
✅ Give your budget an overhaul: cutting back on non-essentials can free up extra cash and help build a buffer.⁣
✅ Skip loyalty tax: many lenders offer attractive rates to new customers. Refinancing could help you save with a lower rate.⁣
✅ Last but not least, talk to us: we can help you prepare for the end of your fixed-rate home loan.⁣
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To find out more, DM or contact Brooke on:

☎ – 0404 339 660
💻 – [email protected]

12/08/2024

🤨 What assistance is available for first home buyers? 🤨⁣
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Saving up to buy your first home is no mean feat. 😅⁣
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Fortunately, there’s a few schemes and options that can help you get your foot in the door. 🥾⁣
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Pick from:⁣
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✅ The Home Guarantee Scheme: buy with just a 5% deposit and no LMI.⁣
✅ First Home Owner Grants: worth up to $10,000 in many (but not all) states.⁣
✅ Stamp duty concessions or exemptions: available in most states.⁣
✅ The First Home Super Saver Scheme: grow a deposit in super^.⁣
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Even better, you can mix and match the different schemes above to help fast-track your first home purchase.⁣
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Talk to us to find out about the first home buyer schemes you could tap into. 👇⁣
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To find out more, DM or contact Brooke on:

☎ – 0404 339 660
💻 – [email protected]