Orama Finance’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 Orama Finance on: ☎ – 1300 167 262 💻 – hello@orama.finance #oramafinance #brokersworkforyou #localmortgagebroker #homeowner #investment #property #mortgagebroker #mortgage #homeloan #refinance #investors #goldcoast #goldcoastproperty #goldcoastrealestate #goldcoastmortgagebroker #goldcoastfinance #goldcoastbroker #goldcoastloans #goldcoastlocal #qld #qldbroker #qldproperty #qldrealestate

  • 📈 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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