Lendplus Financial

💰🏠 Aussie homeowners are now paying nearly 20% more in mortgage interest compared to a year ago, according to Money.com.au. 📈That's an extra $4.8 billion paid to banks over the past 12 months, based on RBA data. This sharp rise is driven by soaring property prices, high borrowing rates, and a surge in new borrowers. 💣 Around 67% of scheduled mortgage repayments now go toward interest—the highest in a decade. For investors, it's even steeper at 72%, says Money.com.au. While these higher repayments are tough, they show homeowners are actively working to manage their mortgage debt. 🔔 Feeling the squeeze from recent rate hikes? Let's chat! We're here to help you explore options and find a more competitive home loan. 💬🏠 🌐 www.lend-plus.com.au 💓 Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

📊 Last week's data showed the consumer price index (CPI) steady at 2.1%, staying within the Reserve Bank's target range of 2-3%. This follows September's quarterly figure of 2.8%, the lowest since the pandemic peak. While this is good news, concerns about how sustainable the decline is are holding the Reserve Bank of Australia (RBA) back from cutting interest rates. 💼 The RBA predicts inflation won’t stabilize in the middle of the target range until 2026. Low unemployment is another factor delaying rate cuts. 📰 In other news, federal parliament has passed long-awaited reforms to the RBA, introducing a second board focused solely on interest rate settings. This new structure will kick off in March 2025, just in time for the year's second cash rate decision. 💣💰 If you are struggling with your financial situation, 💬 get in touch now to talk through your finance options. 🌐 www.lend-plus.com.au 💓 Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

📊 National dwelling prices increased 0.4% in the first month of spring, and 1% in the September quarter – the lowest rise in CoreLogic's national Home Value Index (HVI) over a rolling three-month period since March 2023. 🏡 New listings are up this spring – tracking 8.8% higher than the previous five-year average for this time of the year. Meanwhile, auction clearance rates have cooled to the low 60% range across the capital cities, while homes sold by private treaty are staying on the market longer. 💡 Conditions are largely favouring buyers at the moment, so if you're looking to get into the market, now could be a good time to jump in. 💬 Talk to us about pre-approval and let's make it happen. 💰 🌐 www.lend-plus.com.au 💓 Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

🏡📈 As housing supply ramps up in spring, we've seen property values inch higher nationally, but growth has slowed. With prices coming down in four capital cities during the September quarter – Melbourne, Canberra, Hobart and Darwin – savvy property hunters will no doubt be on the lookout for a bargain. And with the flow of new listings coming onto the market tracking 3.2% higher than a year ago nationally, there may be plenty of properties to choose from. 💡 Make sure you get your finance pre-approved so that you can dive in with confidence when you do find the property you're looking for. 🏡 🌐 www.lend-plus.com.au 💓 Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

⏸ At its latest meeting in September, RBA left the cash rate on hold at 4.35 per cent. All eyes were on the RBA after the US Federal Reserve recently cut interest rates, joining the United Kingdom, Canada, and New Zealand, among others. But RBA Governor Michele Bullock said inflation in Australia was still above target and was proving to be “sticky”. 💣 Last month, inflation dived to its lowest rate in three years as government cost-of-living relief and cheaper petrol improved household budgets. 📊 According to the Bureau of Statistics, the monthly Consumer Price Index indicator rose 2.7% in the 12 months to August, down from a 3.5% rise in the 12 months to July. 👉 The next RBA cash rate decision will be announced on November 5, followed by the last one for 2024 on December 10. 💡 To find out how your current home loan compares to us, 💬 get in touch today. 🌐 www.lend-plus.com.au 💓 Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

🌟 Excited to be a part of the 2024 FBAA Broker Elevate.2 in Brisbane! 🌟 A big thank you to the organizers for inviting us as a sponsor, and for the amazing workshop on AI and business insights. 💡 We're here to offer tailored loan solutions, including: 👉 Overseas Income 💼 Self Employed Lite Doc 🏢 Commercial 🏗️ Construction 📄 No Income Docs 🏡 2nd Mortgages 💰 SMSF 🌐 www.lend-plus.com.au ❤️ Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker #FBAA

📊 The latest data from ABS shows a 0.7% lift in retail spending for August, slightly higher than expected. Year-on-year growth also rose to 3.1%, up from July's 2.3%. Warmer weather played a part in boosting sales, especially in department stores (+1.6%) and clothing, footwear, and personal accessories retailing (+1.5%). However, household goods retailing dipped by 0.3%. While spending is growing, the soaring cost of living and the 13-year high cash rate of 4.35% are still keeping many shoppers cautious. 👉 The Reserve Bank has warned that inflation is too high for a rate cut before Christmas, but three of the four major banks are tipping a February cut, with NAB moving its call forward from May. 🔔 If you're feeling the pinch from recent rate hikes, reach out! Let's chat about your options and see if we can help you secure a more competitive home loan. 💬🏠 *resource: news.com.au 🌐 www.lend-plus.com.au ❤️ Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

2024 FBAA Broker Elevate Brisbane 💡 Director Charlie Zhu introduced the advantages of LendPlus on site. 💬 #fbaa #lendplus #brisbanemortgagebrokers #brisbanemortgage #financebroker

💐 Spring has arrived, bringing a renewed sense of excitement in the property market. 🏡 📊 According to CoreLogic, the average uplift in new listings between winter and spring has been 18.2% over the past decade. Meanwhile, the average uplift in sales has been 8.3%. As the table attached shows, Australia's southern capitals appear to have the highest increase in springtime listings. Supply and demand across Australia's capitals is pretty varied at the moment, which means some areas may perform better than others this spring. 🔔 If you're a prospective buyer, make sure you do plenty of research to see how the local market has been performing, so that you're able to make an informed bid or offer. 💡 While many buyers are adopting a ‘wait and see’ attitude, it's important to have your finance in order in case you do come across your dream property. 💬 Talk to us about getting pre-approved and be ready to purchase when the right property comes along. Get in touch today. Source: corelogic.com.au 🌐 www.lend-plus.com.au ❤️ Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker

🏡 When you've been scrolling through marketing photos of a property and you finally set foot in it at an inspection, it can be easy to get swept up in the moment. Home stylists can be very clever at making you fall in love with a property. It's their job to help you imagine yourself living there, or to imagine your ideal tenants in the property. 👀 💡 However, before you pounce on that dream slice of real estate you've been eyeing off, here are some key questions to ask yourself. 🔹 Are clever staging tactics trying to hide anything? 🔹 What renovations or modifications have been done? 🔹 Why are they selling, and what price are they hoping for? 🔹 What's happening up top? 🔹 What's the plumbing like? 🔹 What's the property's orientation? 🔹 Have you done enough preliminary research? ⭐️ Ready for a spring purchase? We'd love to line up the finance you need to get into your own home or to buy an investment property this spring. 🏡💰 💬 Chat to us and we'll get the ball rolling with pre-approval today. 🌐 www.lend-plus.com.au ❤️ Lender of the Real World #BrisbaneFinance #homeloan #Mortgage #brisbane #loan #brisbanefinancebroker #finances #mortgagebroker #australiahomeloan #australiamortgagebroker #australiamortgagebrokers #lendplusfinancial #lendplus #Perth #PerthMortgageBroker #brisbanemortgagebroker