Jet Yoong - Finance Broker

18/02/2025

Today's welcome news for mortgage holders is the result of the RBA being confident that inflation is remaining steady, with the current headline inflation rate at 2.4% according to the latest December 2024 data.

A typical Australian household with a $500,000 mortgage on a 25-year term and average of 6.32% p.a. will now save $77 per month after the 0.25% cut if passed on by their lender.

Whether you're considering refinancing your mortgage to secure a better term or exploring property investment opportunities, now could be an advantageous time to review your financial strategy.

If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

29/01/2025

Happy Lunar New Year! 🧧🏮

08/01/2025

Another great outcome for customer. ✅✅✅
▫️ Construction loan restructured & interest rate reduced
▫️ Includes a refinance cashback of $2,000.
▫️ Hassle Free settlement.

Contact me today if you have a similar scenario.

31/12/2024

10/12/2024

The Reserve Bank of Australia (RBA) has announced a hold on the cash rate of 4.35% at today's meeting.

The decision to keep the cash rate unchanged was widely expected at this meeting. Policymakers are likely taking into account the Consumer Price Index (CPI) sitting at 2.8%, which is within the target range. However, they are also observing the effects of recent government rebates on power bills and a reduction in the cost of fuel, both of which have influenced this figure downwards.
Forecasts from major banks and economists are predicting that a change to the cash rate is not likely the new year, with most expecting this could stretch to May 2025.

Today's decision underscores the importance of staying informed about economic developments and their potential impact on your finances.

Whether you're considering buying a new home, refinancing your mortgage to secure better terms or exploring property investment opportunities, now could be a good time to review your financial strategy.

If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

24/09/2024

The Reserve Bank of Australia (RBA) has just announced a hold on the cash rate of 4.35% at today's meeting.

August 2024 data shows unemployment rates steady at 4.2% but this is up from a low of 3.5% in mid-2022. The US Federal Reserve reduced its interest rates by 0.50% to 4.75% last week to limit further deterioration in their job market and economists here are predicting that labour markets are the key to curbing inflation.

Previous forecasts from some of the big four banks, which had suggested a rate cut may happen in November 2024, are now indicating that the RBA is unlikely to lower rates until the new year.

Today's decision underscores the importance of staying informed about economic developments and their potential impact on your finances.

Whether you're considering buying a new home, refinancing your mortgage to secure better terms or exploring avenues for property investment, now could be an advantageous time to review your financial strategy.

If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

The RBA will deliver their cash rate decision this afternoon, and we'll be bringing you regular updates about what you can expect.

06/09/2024

𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐒𝐭𝐨𝐫𝐲: 𝐓𝐮𝐫𝐧𝐢𝐧𝐠 𝐃𝐫𝐞𝐚𝐦𝐬 𝐢𝐧𝐭𝐨 𝐑𝐞𝐚𝐥𝐢𝐭𝐲 𝐰𝐢𝐭𝐡 𝐉𝐞𝐭!

We’re excited to share a recent milestone from one of our valued clients, and it’s a fantastic example of how we make homeownership dreams come true! 🏠✨

Our clients embarked on their home loan journey with us, and thanks to our personalized approach and expertise, they’re now seeing their new home take shape. As their dedicated mortgage broker, we guided them through every step, ensuring a smooth and stress-free experience.

Here’s how we make a difference:

𝐓𝐚𝐢𝐥𝐨𝐫𝐞𝐝 𝐋𝐨𝐚𝐧 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Finding the right loan that fits their needs.
𝐄𝐱𝐩𝐞𝐫𝐭 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞: Navigating the complexities of home financing with ease.
𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐒𝐮𝐜𝐜𝐞𝐬𝐬: Making the dream of homeownership a reality.

If you’re thinking about building or buying a home, let us help you turn your vision into reality! Contact us today to learn how we can assist you in achieving your homeownership goals.

Here’s to new beginnings and your future home! 🏡✨

07/05/2024

The Reserve Bank of Australia (RBA) has decided to again hold the official cash rate at 4.35%.

The decision to maintain the cash rate comes after March 2024 data showed inflation remains persistently high.

If you'd like to have a chat about what today's news means for you and your finances, please don't hesitate to get in touch.

27/02/2024

How much do you need for a $600,000 home purchase in SA?

10/02/2024

🧧🐉 恭喜發財! 🐉🧧
Wishing you continuous good fortune in the New Year, not only in your career, but also in a harmonious and happy family life, with good health and boundless joy. 🧨🧧

06/02/2024

Quick February update 🌟
🟨 The decision to maintain the cash rate follows the release of data last week, which showed the annual inflation rate is falling faster than expected.
🟨 1671 auctions on the weekend, 12% higher than the previous corresponding period.

Keep an eye on the 2024 property market 👀

Follow for more updates on the mortgage and property market. 🤝