Own Money

The latest data from the Australian Bureau of Statistics highlights three key trends in the home loan market: 1. Borrowing on the Rise: In June, the total value of home loan commitments reached $29.19 billion, marking a 1.3% increase from the previous month and a significant 19.1% rise compared to last year. 2. Strong Investor Activity: Investment loans saw a huge surge, jumping 30.2% year-on-year to $11.02 billion. Meanwhile, owner-occupied loans grew by 13.2%, reaching $18.17 billion. 3. Refinancing Still Active: While refinancing remains high, it has dropped from the record levels seen in mid-2023. Borrowers refinanced $15.79 billion in June, down 20.9% from the previous year. If you're thinking about buying a property or looking to refinance, now could be a great time to explore your options. Get in touch to discuss home loan pre-approval or to connect with a trusted buyer's agent! #HomeLoans #PropertyMarket #OwnMoney #InvestmentLoans #RefinancingTrends #PropertyInvesting #SpringMarket #RealEstateTrends #HomeBuyingTips #RealEstate #personalfinance #homeloantips #financetips #interestrates #australianrealestate #Australianfinance #australianmoneytips #moneysavingtips

We’re excited to share another 5-star Google review, this time from Martin, who recently worked with the team at Own Home Loans. Thank you, Martin, for your glowing review! We’re thrilled to have helped make the process of finding a better home loan so seamless for you. If you're looking to transfer to a better home loan or need expert guidance, get in touch with Own Home Loans today! #FiveStarReview #ClientTestimonial #OwnHomeLoans #MortgageBroker #HomeLoan #OwnMoney #ClientFeedback #StressFreeHomeBuying #RealEstateTrends #PropertyMarket #HomeBuyingTips #RealEstate #personalfinance #homeloantips #financetips #interestrates #australianrealestate #Australianfinance #australianmoneytips #moneysavingtips

As we approach the end of 2024, the Australian property market continues to display resilience, with some regions experiencing steady growth despite high interest rates and affordability concerns. Here are a few key trends shaping the market: - Moderate Price Growth: While price growth has slowed overall, cities like Perth and Brisbane are leading with stronger gains, while other regions see more modest increases. - Rising Rents: Persistent low housing supply is contributing to continued rental price increases across the country. - Interest Rate Outlook: Interest rates remain high, but experts are anticipating potential rate cuts in 2025, which may affect market dynamics. - Population Growth: Strong migration and population growth are driving housing demand, particularly in major capital cities. - Regional and City Variations: Property growth is not uniform, with some areas performing better than others, depending on local market conditions. As market conditions evolve, it’s essential to stay informed. For more insights on how these trends may impact your property strategy, reach out to Own Money today. #PropertyMarket2024 #OwnMoney #RealEstate #InvestmentUpdates #HousingTrends #PropertyMarket #HomeBuyingTips #personalfinance #homeloantips #financetips #interestrates #australianrealestate #Australianfinance #australianmoneytips #moneysavingtips

Intergenerational wealth transfer involves passing on assets such as investments, real estate, businesses, and personal property to the next generation. It’s more than just handing down money — it’s about ensuring a smooth and tax-efficient transfer of wealth while protecting your family’s financial future. Whether you're planning for your children, grandchildren, or other loved ones, having a clear strategy in place can make all the difference. Intergenerational wealth transfer is just one of the many goals we help clients navigate. Our experienced team works with you to create a comprehensive plan that ensures your wealth is passed on in line with your wishes, giving you peace of mind for the future. Looking to plan for the future? Contact us today and let us help you achieve your financial goals. #IntergenerationalWealth #OwnFinancialPlanning #FinancialPlanning #WealthTransfer #OwnMoney #PropertyMarket #personalfinance #financetips #Australianfinance #australianmoneytips

At Own Property Advisory, we take property investment to the next level. By combining data-driven property searches with our in-house expertise in mortgage finance and financial planning, we create a personalised strategy designed just for you. As an integral arm of Own Money, we’ve built a strong reputation through 100s of successful property transactions and years of financial planning expertise. Our dedicated team ensures your investment decisions are guided by seasoned professionals, so you can have peace of mind every step of the way. From property search to finance, we bring together local property experts, conveyancers, and building inspectors to make sure your portfolio is crafted with care. With Own Property Advisory, you’re not just getting a property advocate — you’re gaining an all-encompassing team to support your entire investment journey. Ready to elevate your property investment strategy? Contact us today and start building your future with confidence. #OwnPropertyAdvisory #OwnMoney #PropertyInvestment #ExpertGuidance #MortgageManagement #FinancialPlanning #propertyinvestment #HomeBuyingTips #RealEstate #personalfinance

The First Home Super Saver Scheme (FHSSS) allows first home buyers to save for a deposit by making voluntary contributions into their super fund. Any concessional contributions are taxed at 15%, which is often lower than your marginal tax rate, meaning some people use this as part of a strategy to reduce overall tax liability. Key points to note: - You can withdraw up to $15,000 per financial year, with a maximum total of $50,000, plus earnings. - The FHSSS is available to individuals who are 18 or older and have never owned property in Australia. - Be sure to request a FHSS determination before any property ownership transfers to you. The FHSSS isn’t for everyone, so it’s important to understand the eligibility criteria and superannuation conditions of release. Independent financial advice might be useful when considering if this scheme is the right fit for your situation. Interested in learning more about how the FHSSS could help you? Contact Own Money for further information. #FHSSS #FirstHomeBuyer #OwnMoney #SuperSavings #HomeOwnership #PropertyMarket #HomeBuyingTips #RealEstate #personalfinance #homeloantips #financetips #interestrates #australianrealestate #Australianfinance #australianmoneytips #moneysavingtips

Take control of your financial future with Own Money Coaching — your trusted source for expert financial guidance and personalised strategies. Our new website is designed to help you make smart, informed financial decisions with confidence. Here’s what you can expect: - Access knowledge they don’t teach in school: Master budgeting, saving, investing, and more with easy-to-follow resources. - A trusted source for solid advice: No more relying on social media tips or casual chats — get clear, reliable guidance for your financial journey. - Empower your loved ones: Share access with your family to help them take control of their finances too. Our platform offers over 100 digestible modules across 14 key topic areas, including: - Debt - Family Matters - Home Sweet Home - Investing - Insurance - Managing Money - Superannuation - Retirement - Wellbeing - Professional Development - Financial Crimes - Getting Started - Aged Care - Life Happens Ready to get started? Visit our new website, fill out the form, and we’ll provide you with login details to begin your personalised financial coaching journey. Check it out here: https://lnkd.in/gqUVdEJ6 🔗 #OwnMoneyCoaching #FinancialGuidance #TakeControl #PersonalFinance #FinancialEducation

Tired of falling short of your financial goals? The Own Money Dosh App is here to help you take control of your finances and bring you closer to achieving your dreams. Here’s what the app can do for you: - Hit your savings targets: Watch your repayments bring you closer to paying off your home. - Know when you can afford your first home or next investment: Track your savings and goals in real time. - Stay on top of your spending: Simple tools to help you manage expenses and stay in control. - Track property value and equity: Monitor your assets and watch your wealth grow. The Own Money Dosh App also provides personalised financial tips and guidance, so you’re always on track with your financial journey. Ready to get started? Learn more about the Own Money Dosh App here: https://lnkd.in/gFH9DCE2 #OwnMoney #DoshApp #FinancialFreedom #TrackYourWealth #SavingsGoals #FinancialJourney

A big thank you to our wonderful clients, Donald and Julia, for the beautiful hamper gift. It’s always a pleasure to help our clients, and receiving this thoughtful gesture means a lot to us. We’re grateful for the opportunity to assist you on your financial journey, and we look forward to continuing our partnership. #ClientAppreciation #OwnMoney #ThankYou #Grateful

📢 Lunch & Learn: How To Be a Smart Borrower in Today's Market 📢 Join us for an insightful online session with Rory Sercombe, Mortgage Broker and Founder of Own Home Loans, as he shares practical strategies to help you navigate the current lending landscape. 📅 Date: Thursday, October 17 ⏰ Time: 12:00 PM AEST 💻 Location: Online (Zoom link provided upon registration) What You’ll Learn: - Maximising Borrowing Power: Tips to strengthen your loan application - Avoiding the “Loyalty Tax”: Find out if you’re overpaying with your current bank - Interest Rate Trends: What’s happening now and what to keep an eye on - Offset Account Strategies: Leverage multiple accounts to save more - Family Guarantor Loans: Supporting family into the property market Bring your lunch, log on, and learn how to make smart borrowing decisions in today's market! Reserve your spot today: https://lnkd.in/gQTHpmKD 🔗 #SmartBorrowing #OwnMoney #OwnHomeLoans #FinancialInsights #MortgageBroker #Workshop #Lunch&Learn