Cashbox Finance in Perth, Western Australia | Estate agent

Cashbox Finance

Locality: Perth, Western Australia

Phone: +61 479 062 030

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• Local service
• Loan service
• Estate agent

22.01.2022 OUR HOTTEST HOME LOAN DEAL Ever! Get 2.69%* Interest Rate + FREE Holiday + $4k Cashback If you are looking to refinance or buy a home, Cashbox Finance can offer you an interest rate from just 2.69%.... PLUS, if your loan refinance value is over $250,000 we will arrange you an upfront CASHBACK of $4,000! To make the deal even "sweeter", Cashbox Finance will also give you a FREE Holiday with any qualifying home loan that you have up to 24 months to use! https://cashboxfinance.holidaypromotion.com.au/ *LVR up to 60% 2.69% p.a. 2.71%p.a. *LVR above 60% up to 80% 2.74% p.a. 2.76% p.a. *LVR above 80% 2.79% p.a. 2.81% p.a. *Conditions apply, call for further information. TAC.

18.01.2022 Looking for a CASHFLOW BOOST? Refinance your home loan and you can qualify for an INSTANT cashback of $2000-4000! Plus, you'll be able to claim a great rate of ...2.74% To make the deal even "sweeter", Cashbox Finance will also give you a FREE holiday with any qualifying home loan! You'll have 24 months (2 years) to use your FREE holiday and you can choice from 4 nights in great Aussie destinations such as: Brisbane (4 Nights) Gold Coast (4 Nights) Melbourne (4 Nights) Sydney (4 Nights) or OVERSEAS locations such as: Phuket (7 Nights) Koh Samui (7 Nights) Bali (7 Nights) Fiji (4 Nights) Vanuatu (4 Nights) To find out more, please visit: http://cashboxfinance.holidaypromotion.com.au/

15.01.2022 RBA announces emergency rate cut. The central bank has pulled its emergency lever, pre-emptively cutting the cash rate to a historic low in response to the economic fallout from the coronavirus pandemic. Following an emergency meeting held today (Thursday, 19 March), the Reserve Bank of Australia’s (RBA) monetary policy board has decided to cut the official cash rate to a new record low of 0.25 per cent and commence quantitative easing (QE).... The announcement has been made two weeks ahead of its monthly board meeting scheduled for 7 April to counter the growing economic risks associated with the coronavirus (COVID-19) outbreak. The RBA’s foreign counterparts have pulled similar levers in recent weeks, with the Federal Reserve supplementing its 100 bps cut to its funds rate with commitments to purchase $700 billion in US treasuries and $200 billion in mortgage-backed securities over the coming months. The Reserve Bank has also been actively responding to liquidity pressures faced by the banking sector, which has been grappling with trading volatility. source: mortgage business

15.01.2022 Likelihood of inter-meeting RBA cut Given that the next scheduled Reserve Bank of Australia (RBA) cash rate decision is still three weeks away on 7 April, an inter-meeting rate cut has become a very real possibility, with economists predicting a 0.25% reduction to be announced this week. The RBA is meeting Thursday to discuss the further action needed to mitigate the economic impact of the coronavirus pandemic. ... A 0.25% cut that is passed on in full by lenders will see the minimum monthly mortgage repayments of the average mortgage holder with a $400,000 loan reduce by as much as $55 a month. However, to this point, a large portion of customers have opted to put money saved through rate cuts back into their mortgage, either intentionally or because many banks’ default position is to keep mortgage repayments the same. Three of the big four, CBA, NAB and ANZ, do not automatically lower their variable rate customers’ monthly repayments, while Westpac has just switched from adjusting variable rate monthly repayments once a year to automatic monthly adjustments. Conversely, many smaller lenders automatically lower their variable customers’ monthly repayments when rates are cut including St George, ING, HSBC, Bank of Melbourne, BankSA and Macquarie Bank - unless customers request otherwise. Many Australians are already ahead on their mortgage because their bank has kept their monthly repayments the same when interest rates were cut, said RateCity.com.au research director Sally Tindall. This is money some people can potentially access through their redraw, should they find themselves in a tight financial position. If interest rates are cut again, some mortgage holders may want to rethink what they do with the savings. Think about what’s best for your finances and, if needed, get some independent financial advice to put yourself in the best possible position in these unprecedented times," she said. From 2011, the cash rate in Australia has been cut 16 times, falling from 4.75% in October 2011 and now resting at 0.50% as of today, 17 March. Mortgage holders who have opted to keep their monthly repayments the same throughout are now thousands of dollars ahead on their home loan. source: Madison Utley at Australian Broker

09.01.2022 Low-Doc construction funding required? Cashbox has the right solution for you! Contact us for the right answers!