Encorp Group ’s Post

📈 Offset accounts have hit new highs 📈⁣ ⁣ Somehow, it turns out not everyone is scratching for cash right now.⁣ ⁣ Many home owners have money stashed away in their home loan offset accounts. 😮⁣ ⁣ There’s a record $265 billion tucked into offset accounts around the country, according to APRA quarterly data.⁣ ⁣ And it’s seeing borrowers save around $1.4 billion in monthly interest charges (RateCity estimate).⁣ ⁣ Trouble is, offsets aren’t suitable for everyone. 🤔⁣ ⁣ They don't work with fixed-rate home loans (unless you split it half-half with variable), and they tend to work best if you have big savings.⁣ ⁣ Could it be right for you though? Call us today to find out. 👇⁣ ⁣ To find out more, DM us or contact Encorp Finance on: ☎ – 0410 947 687 💻 – info@encorpgroup.com.au #encorpfinance #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #firsthomebuyers #melbourne #melbournefinance #melbournemortgagebroker #melbournehomeloans #melbournerealestate #melbourneproperty #victoria #victoriaproperty #victoriarealestate #victoriabroker #victoriafinance #victorialoans #VIC

  • 📈 Offset accounts have hit new highs 📈⁣
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Somehow, it turns out not everyone is scratching for cash right

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