Will Bell Mortgage Broker in Frankston, Victoria | Loan service

Will Bell Mortgage Broker

Locality: Frankston, Victoria

Phone: +61 448 111 046

Address: 435 Nepean Highway 3199 Frankston, VIC, Australia

Website: http://willbellmortgagebroker.com.au

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• Property
• Loan service
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25.01.2022 WBMB Footy Tipping 2019 - https://mailchi.mp/c9c3488e3a16/wbmb-footy-tipping-2019

25.01.2022 If you cant afford to live in Melbourne then why not Geelong. It will take 32 minutes once complete.

25.01.2022 Landlords must be laughing all the way to the bank, more reasons to increase rent.

24.01.2022 Easy, just earn more money.

23.01.2022 Check out my podcast. Over the years Ive come to understand that my clients trust me over what mass media will try and shove down our throats. In no economist BUT I figure that if people are trusting me while Im getting them into debt for 30 years and longer then Id better seek out out the truth.... So, heres my opinion on where things are at.

23.01.2022 Ive had several conversations with investor clients in the last month who are concerned with the market. When you have 100k people moving in each year and a lending environment that is not lending then new properties stop getting built. Watch rents start to move up steeply in the next couple of years.

20.01.2022 People holding out for discounted property will probably get a nasty surprise - I've maintained this position since the start. Governments create stimulus (AKA money printing) when we hit recession as they should. If the government spends $200B of printed money into the economy (it will be much more by the time this is over). Then that money is spent and in turn someone else earns it and it keeps on going. This is called velocity of money.... If the velocity is 3 which is pretty small then it means $600B of income. With that $600B of income you could then go to the bank to get a loan. Let's say the bank will give you 4 times your income which is conservative. That's $2.4T. The bank don't have that money sitting in a vault somewhere, they get it from nowhere. The press of a button. This is why property prices continually rise. It is underwritten by the banks. When banks start having problems then you should be worried about property prices. We are nowhere near that yet.

19.01.2022 This summarizes it pretty well.

19.01.2022 I had a client tell me the property market is going to boom again in 2019. There is a cycle to the supply of money. Right now the money tap is being turned off. Look out for a share market rally in 2019 as investors with their money previously in property chase the boom returns they were getting. Followed by a share market collapse because the money tap will still be turned off. As for the property market, not too much will happen there - no 40% drops.

18.01.2022 The Royal Commission has come and almost gone, the thing that gets me is that the general public are fooled into thinking this will fix everything. Ever since the beginning of money thousands of years ago there have always been people & corporations that will do the wrong thing in favour of making a dollar. Unfortunately this trend will not change. I believe the next decade will see a MASSIVE growth in the gap between the rich and the poor. Your choices in the next few year...s will have an impact on your finances for the rest of your life. I advocate ignoring the white noise, ignore the RC, ignore whatever our government is doing wrong now, ignore the elections and focus on putting yourself and your family in a better financial position in the future.

17.01.2022 Remember this one? People have been fear mongering for years with 30-40% drops. The only problem is they change their reasons every year or two. Do not fall for the lies. Start with the opposite of what the crowd are saying and you'll be closer to the truth.

16.01.2022 I just got a call from a lender offering 70% no doc residential loans - I dont even know how thats legal! Now Ive got that song The People of the Sun by Rage Against The Machine in my head "Its comin back around again..."

16.01.2022 Why not fix your home loan at 2.99%? Ive had some clients ask me this and its fair enough question. You could say were due for interest rates to start going back up or you could say the trend is your friend.... I think the trend is your friend.

16.01.2022 If you reckon Melbournes property market is gonna crash you might be waiting a while. This infrastructure spend will underpin the economy for a while yet.

16.01.2022 The Romans screwed their economy by creating too much fake money and ruined their trade systems which led to their ultimate downfall. Like they say, history repeats

14.01.2022 Last week I posted how the doomsayers forget that government can change policy very fast. Once the share market devalues itself from the recent overspeculation the way will be paved for the next property boom.

14.01.2022 Check out this trash talk from so called economists. 1. Cootehall is a 2 hour drive out of Dublin, its not part of a first world globalized metropolis. Comparing the 2 is chalk and cheese 2. 80% drop in prices is wrong because of economics. Investors would plow back into the market before prices dropped that much 3. There is soon to be a skills shortage in labor workers due to RECORD infrastructure spending in Melbourne Sydney and Brisbane. Add an improving mining indus...try to that. 4. Economists forget that governments can change lending policy very quickly. If theres one thing Ive learnt about finance its that numbers people let the numbers tell them a story (generally pre-conceived) and the rest of everyone else doesnt know what they are on about which is why their assumptions are totally out of line with what the rest of us call reality. They probably have a flat earth channel too. Heaven forbid

13.01.2022 After 4 years APRA have removed their assessment rate hand brake. What does this mean? Money will be easier to borrow. What does that mean? Sometime in the not to distant future house prices will sky rocket again.... Those who cant get into the market in the next couple of years will be sitting it out for a long time.

13.01.2022 Help me out peeps, I need 30 seconds of your time to support small businesses like mine and stick it to the big banks.

12.01.2022 No surprises the Royal Commission was a good opportunity for the big end of town to attack the broking industry.

11.01.2022 Interest rates have gone down again. Those in stable employment should be seriously weighing up their options and taking action!

10.01.2022 A lot has been happening in the world of finance the last few months. If youve got debt dont take our economic prosperity for granted and pay down as much as you can while the rates are low. Your future self will thank you when everyone else is in struggle town

09.01.2022 Property spruikers are still running rife as they get desperate to sell property.

09.01.2022 How do the banks make so much PROFIT? The graphic shows what $50 extra a week will save you. Actually by the time the loan is repaid the owners will be ahead $117,000. The power of compound!

09.01.2022 Hi peeps, Ive started a new business specifically helping people to get into their first home. Id love it you would like!

08.01.2022 Are we property boom or doom?? I think my clients are 30% boom 50% doomish and the rest on the fence. https://mypersonaleconomy.podbean.com/e/property-boom-or-c/

08.01.2022 Negative interest rates is just a band aid on a gaping wound.

07.01.2022 APRA (the government) has been signalling for the last four years or so for the banking industry to cut down on lending. The problem when you go to the extent they have is that you suck the liquidity out of the economy. It explains why the share market has gone up over this term but wages have not increased. Now we are seeing businesses not advertise for work because theres no cash. Tough times ahead.

06.01.2022 Just putting this on my page because its pure BS and I want to check it in 12 months.

03.01.2022 The US economy is tanked Apparently its a topic on QandA tonight on ABC. I hope so because I dont want to sit through an hour of it if I dont have to.

02.01.2022 35 years and its still hard for first home owners to get in, the truth is its always been hard. Sometimes for things to change you have to change!