The Money Collective in Melbourne, Victoria, Australia | Financial service

The Money Collective

Locality: Melbourne, Victoria, Australia

Phone: +61 424 405 616

Address: 175 Maroondah Hwy, Ringwood VIC 3134 Melbourne, VIC, Australia

Website: https://www.themoneycollective.com.au

Likes: 142

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25.01.2022 Hey everyone, Tonight at 8:30 Darlene and I will be going live again on Facebook to chat about the first home buyer market and around the process involved for first home buyers! Its been cool to see how many people are getting engaged and asking questions in the videos, so if you're free tonight and have some questions of your own you're welcome to join in.... We'll be running the live through our community group and the link to join is below.. https://www.facebook.com/groups/themoneycollective/

20.01.2022 WHAT IS A NEGATIVE CASH RATE? There is currently a chance that the Reserve Bank of Australia will drop the cash rate in the near future. We are currently sitting at a rate of 0.50%. So if they cut this by more than 50 basis points, we will be in the negative territory. What this means for FIRST HOME BUYERS is that the government is trying to discourage you saving money as they want you to spend money. It may cost you to have money sitting in your bank account. So you will be... paying the banks interest on your savings. The flip side is that lenders are generally more willing to lend money! With the current market volatility we are currently experiencing, it is still unsure of how the property market will be effected. We may see a small decrease in house prices in the coming months as demand decrease but we believe that this will be only short lived.

19.01.2022 Get down to our FREE First Home Buyer Coaching night in Ringwood! Registration link below... https://events.humanitix.com.au/first-home-buyer-coaching-n

18.01.2022 Hi everyone! Our first First Home Buyer Coaching session is less than 2 weeks away now, and we'd love for you to come down if you want to learn more about the process end-to-end! It's a free session with no strings attached, and the link to register is below... https://events.humanitix.com.au/first-home-buyer-coaching-n Or if you think you know anyone that would be interested, it would be much appreciated if you passed the message on!

17.01.2022 Home Loan Tips and Hints: #1 When interest rates decrease on your Home Loan your mortgage repayments decrease as well. What we have seen over the past 6 months is multiple drops in interest rates. Our Top Tip for when this occurs is to keep repaying the same amount you were before the rate cut took effect. This means that you will be paying your home loan off quicker! The other benefit is that you can access the extra money you have contributed down the track if you need to.

15.01.2022 Hi everyone, hope you're well and keeping safe! I wanted to share our customers first home buying journey and success story captured by an article in Domain. Crazy times at the moment but the article is definitely worth a read as it also sheds some light on the current market. https://www.domain.com.au//entry-level-homes-the-most-ac/

15.01.2022 Hey everyone, Tonight at 8:30pm Darlene and I will be running a Facebook live session to talk about the different grants/schemes/concessions available for First Home Buyers, and when they're applicable! If you'd like to tune in and ask us a question we'll be running the live through our Community Group. The link to the group is below so feel free to join if you're not already in it!... https://www.facebook.com/groups/themoneycollective

13.01.2022 Hey everyone, Tonight Darlene and I are going live on Facebook to talk specifically to first home buyers about the ins and outs of a home loan, and whether now is or isn't a good time to take the plunge into the property market! We'll be running the session at 8:30pm through our community group, so if you're keen to tune in you can join through the link below...... https://www.facebook.com/groups/themoneycollective/ And feel free to ask as many questions as you want!

13.01.2022 Check out this First Home Buyer property

08.01.2022 Hi everyone, Tonight at 8:30 Darlene and I are going live on facebook for part 2 of whether now is a good time to buy for first home buyers. We'll be answering some frequently asked questions so hopefully you'll find it helpful. It will be an open Q&A so if you have any questions for us, don't hesitate to ask and we'll answer as best we can. The live will be run through our community group, so if you're interested feel free to join the group and tune in at 8.30! Below is the ...link to our group... https://www.facebook.com/groups/themoneycollective/

07.01.2022 Happy Friday everyone! As mentioned in our previous post, below is the link to go through and register for our upcoming First Home Buyer coaching night.. https://events.humanitix.com.au/first-home-buyer-coaching-n... Would love to see as many of your faces there! Any questions let us know. Have a good weekend

01.01.2022 PROPERTY MARKET UPDATE: As we approach Autumn we are finding that the market is really heating up! The amount of auctions last weekend for the state was more than the rest of the country combined @ a clearance of 82%. So for the First Home Buyers out there, now is the perfect time to get in touch to see if we can help you get into your home. We are starting to see prices go up as more competition comes into the market, but we expect over the next month that there will be an ...influx of properties coming onto the market. We have had a few questions recently about the impact of the Coronavirus. You may of seen over the past few days that the global economy and share markets have been falling on fear that the virus is getting bigger. This does potentially have the power to cause a drop in house prices in the near future, however we are not seeing this at the moment.