Fresh Finance

Welcome to Fresh Finance! Located at Campbellfield, Sydney Road, 1934, we are a prominent establishment in the finance industry. Unlike traditional banks that prioritize their bottom line, we prioritize you and your financial needs. With over 60 banks and lenders on our panel, we provide you with a wide range of choices and empower you to make the best decisions for your financial future.

At Fresh Finance, we understand the importance of conducting thorough market research to find the right loan for you. With the ever-changing interest rates, it is crucial to stay informed and make informed decisions about pre-approvals. In a volatile rate environment, we discuss whether pre-approvals are still worthwhile.

We are proud to share that the federal government's Home Guarantee Scheme (HGS) has successfully helped 100,000 individuals in buying or building their own homes since its launch in 2020. This initiative has provided countless Australians with the opportunity to achieve their homeownership dreams.

As leading property economists have noted, the average time it takes for properties to sell, known as days on market, is poised to decrease. This indicator reflects the fluctuations in the housing market and presents opportunities for both buyers and sellers.

In line with the recent cash rate hikes, refinancing home loans has become more challenging for some mortgage holders. However, certain lenders are reducing serviceability buffers to assist refinancers in navigating these changes.

For first-home buyers, this is an opportune time to enter the market. Australia's leading property economists have highlighted the favorable conditions for first-time buyers, making it an exciting time to embark on your homeownership journey.

Refinancing cashback deals may soon become a thing of the past as major banks and smaller lenders, including Commonwealth Bank, NAB, and Bankwest, plan to phase out this incentive. It is important to stay updated on the latest changes in the lending landscape.

There are several factors that lenders consider when determining your interest rate. If these factors have changed since you initially took out your home loan, there is a possibility of securing a more competitive interest rate.

A leading property economist has presented a compelling argument for significant growth in prices for established homes. This forecast suggests potential opportunities for property owners and investors.

Unfortunately, sophisticated bank impersonation scams have affected individuals, resulting in the loss of life savings. It is crucial to remain vigilant and informed about these scams to protect yourself and your finances.

The 2023/24 Federal Budget has been announced, and we have highlighted the key points that may impact you from 1 July. Stay informed about the budget's implications for your financial situation.

While the changing cash rate has impacted homeowners, it is important to understand its effects on other loans, such as car loans. The impact varies depending on individual circumstances.

With low vacancy rates and strong rental growth, the market is in need of more property investors to increase rental supply and alleviate demand pressure.

The Australian banking system has been praised for its strength and stability. Despite recent challenges, the likelihood of a bank collapsing is low. However, it is essential to understand the potential consequences if such an event were to occur.

The connection between the cash rate and interest rates for home loans has been widely reported. As the cash rate increases, interest rates for home loans also rise. Understanding this relationship is crucial for borrowers.

New data from the Australian Bureau of Statistics (ABS) reveals that a significant number of borrowers across the country are refinancing their home loans. This trend highlights the importance of exploring options to secure lower interest rates.

While Australian property prices continue to decline, the rate of decline appears to be slowing, as indicated by the latest CoreLogic figures. Stay informed about the property market to make informed decisions.

As interest rates have been on the rise, many homeowners have considered debt consolidation as a way to save costs. Explore debt consolidation options to manage your finances effectively.

For property investors, 2022 was a remarkable year, with consecutive quarters of rent increases. This trend presents opportunities for investors in the real estate market.

Inflation and economic growth play a crucial role in determining interest rates. Leading economists forecast that interest rates will plateau in the first half of the year, providing potential relief for borrowers.

At Fresh Finance, we strive to provide you with the best financial solutions. Please note that there may be occasions where you may be charged a fee by your broker. Terms, conditions, and normal lending criteria apply.

Join us at Fresh Finance and let us guide you towards a brighter financial future. With our expertise and extensive network, we are here to support you every step of the way.