The Finance Establishment in Perth, Western Australia | Loan service

The Finance Establishment

Locality: Perth, Western Australia

Phone: +61 8 9301 2604

Address: Shop 2 Connolly Shopping Centre, Country Club Blvd, Connolly 6027 Perth, WA, Australia

Website: http://www.financeestablishment.com.au

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• Cash advance service

14.01.2022 As the Australian Government works to help steer the country through its first recession in more than 28 years, it has delivered a raft of economic stimulus measures in an attempt to help counter the impact that COVID-19 has had on the economy. One of these measures aims to reduce the complexity around the rules governing lending loan approval processes. If you are in the market for a new mortgage or to refinance an existing loan, now is a good time to talk to me about how th...ese changes may impact your situation. As this very strange year draws to a close and we move into the festive time of the year, I hope that you will be able to enjoy some downtime over the Christmas season, even if it might look a little different to normal. Please take care, stay safe and I look forward to catching up with you again in the new year. Darrel Roberts The Finance Establishment See more

14.01.2022 2020 has been a devastating year for many households and small businesses. As Australia moves through its first recession in over 28 years, ABS payroll data suggests wages are down 4.3% between Australia’s 100th case of COVID-19 on March 14, and October 31st. In the same period, payroll jobs decreased 3.0% At the onset of the pandemic, consensus seemed to be building that the national decline in property values could reach 10%, with worst-case scenarios suggesting prices coul...d fall by as much as a third. But between March and October, Australian home values have fallen just 1.7%. In fact, October marked a 0.4% increase in values, with the trend over November suggesting a further acceleration in growth. The cost of borrowing money is probably one of the most important factors influencing property values. Over 2020, the RBA have reduced the official cash rate target (which influences lending rates) by 65 basis points, to 0.1%. In a bid to stimulate economic activity, the reduced cash rate has lowered bank funding costs, leading to record low mortgage rates. This relationship has held up historically, with RBA research previously suggesting that a 100 basis point reduction in the cash rate can lead to an 8% increase in property values over the following two years. Looking to Refinance or borrow money, Click the link below to speak with a broker today www.financeestablishment.com.au

08.01.2022 After a challenging year, the RBA has met for the final time in 2020 and decided to leave the cash rate unchanged. After reducing the rate three times during the year, including to a record low of .10% last month, the RBA opted to wait until its next meeting in February to further assess the impact of these reductions and its quantitative easing program. In the lead up the next meeting our central bank will continue to monitor the global COVID-19, the opening of state borders..., our exchange rate and its impact on export competitiveness and the looming reduction to government support packages. Rates are at a record low and lenders continue to offer very competitive rates. We can answer your questions and look at your circumstances to make sure you're prepared for what could be coming next. This could mean refinancing or approaching your lender for a better rate. Because we do this type of work every day, we have a pretty good idea what lenders can do to win or keep your business. We're here to help if you have any questions. Please don't hesitate to send us a message. Darrel Roberts The Finance Establishment

02.01.2022 https://www.financeestablishment.com.au/what-does-the-rece/