Darren Barclay-Blue Star Financial Services. in Doreen, Victoria, Australia | Financial service

Darren Barclay-Blue Star Financial Services.

Locality: Doreen, Victoria, Australia

Phone: +61 439 693 950

Address: 18 HANNA CRESCENT 3754 Doreen, VIC, Australia

Website:

Likes: 134

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• Local service
• Financial service
• Mortgage brokers
• Financial planner

24.01.2022 As can sometimes be the case to sit and strategically pause in a loan application rather than run like a bull at a gate can maximise your loan potential. Banks assess your loan application as if rates are much higher than what is on offer in the market place. They stress test your affordability by raising the hurdle rate. The Banks have realised that hurdle was way too high so they are collectively lowering the assessment rate accordingly. Some Banks twice in 3-4 months. ... So unless you must buy now, no questions asked, sometimes it is worth taking a breath and pounce when it makes sense. Particularly if you have equity but the servicing (affordability) is a little tight.

23.01.2022 An interesting seasonal newsletter from my trusted Financial Planner. Another DB. https://mailchi.mp/feeb16/informed-investor-spring-2542481

21.01.2022 Contrary to what the Major Banks want you to believe Brokers are not the issue. Their fall from grace which has been self inflicted and developing over some 15 years in my opinion. As big as they are when exposed they love to point the finger elsewhere, normally to the smallest of competitors.

19.01.2022 Living expenses generally is the big loan application item that holds the process up as the Banks scour all expenses. Be on top of your budget/spending way before you want to apply for a loan.

19.01.2022 Albeit financially, life is not a competition the attached quick exercise gives you some scope as to where you sit income wise. It may just give you some heart.

19.01.2022 A little over the top but the message is nonetheless important. Family budgeting is no different than if you were managing a $40m Turnover business. There is income and then there is spending. Hopefully one figure is larger than the other!!

18.01.2022 An interesting article on what may occur in the property market during 2020. HNY One and All.

16.01.2022 For those planning on their Home Build.

15.01.2022 A concise summary of where the Property market is at with the COVID 19 effect.

15.01.2022 Welcomed news for Borrowers not so for Retirees.

13.01.2022 Wow how rates have plummeted. My observation is don't look at what Bank passed on what rate cut in full or otherwise as they over a period of time balance out. No one Bank has a standard variable rate much lower than the other. The real benefit is in the negotiation of product selection and the subsequent rate discount. Big 4 Banks will always call your bluff and give you an OK rate discount. When a good broker gets involved and knows what the whole market is doing, then and... only then, can you see the full breadth of what the Banks can deliver back to your back pocket. Cheers and Happy Hump day.

12.01.2022 Nice to see another Blue Star business on the move.

12.01.2022 First Home Buyers are definitely driving this property market. The surge over the last 6 weeks from where I sit is unprecedented.

11.01.2022 https://www.domain.com.au//first-home-buyers-guide-how-to/

09.01.2022 https://www.domain.com.au//first-home-buyers-guide-how-to/ A Great read for those First Home Buyers. Happy Saturday.

08.01.2022 No surprise. Any financier who provides service, good product at low competitive rates whom are customer and broker focused will only naturally gain business. The formulae for success in Banking isn't hard but the Majors still don't get it as they are predominantly self/shareholder driven and profit driven. Have several 50 year plus clients of Majors coming to me to ask to get them out of the Majors and to a 2nd tier Banks that actually care a little. ... Come in Macquarie Bank, ING and then say BOM/Bankwest (whom ironically are owned by Major). So they can do it where and when they chose too.

07.01.2022 August has been a challenging month but I believe there’s light at the end of the tunnel! Read about the full August property wrap here: https://hubs.ly/H0v7DgG...0 #property #realestate #propertymarket #australia #australiaproperty #lockdown #melbournelockdown #australiamigration #constructionaustralia #riskmanagement #yarra #portphillip #docklandsmelbourne #stkilda #spotswood

04.01.2022 A nice quick and concise economic summary after yesterday's interest rate cut.

03.01.2022 Great to see the Banks self assessing their poor cultural behaviours. It does lack some credibility after they only did so after being caught out. I noted the report was 131 pages long. If I was asked to contribute I could have added another 45 pages of recommendations. :)... Any action is better than nothing I guess.

03.01.2022 A great outcome from Westpac. Sadly I have been advocating for years that consumers in the main belt tighten their living expenses when they have debt and splurge when they don't, It is general human behaviour. Yes you will always have an element that splurge even when they have debt and no spare cash. Good to have you on board WBC albeit a pinch slow on the uptake.

01.01.2022 A great article on how to look after yourself when self absorbed in your work.