So this is the final episode in my dedicated self-employed series. I hope that this has been helpful & as always please reach out if you want to have a conversation. 

So this is Part 2 of my series dedicated to those that are Self Employed I hope that you enjoy it. Please feel free to reach out for a one to one conversation. 

So I am putting together this three-part special for self-employed people looking to buy a property or refinance the one they already have.

I hope that you all get something out of it.

You’ve bought a home. And now you might be considering adding an investment property to your portfolio. But have recent interest rate hikes cooled your heels? We’ve outlined reasons why now may still be a good time to buy.

Nurses, midwives and other important healthcare professionals can now qualify for a lenders mortgage insurance (LMI) waiver policy. Here’s how it could save them thousands and fast-track their journey into home ownership.

A recent study has found that divorced women’s ability to financially cope with their reduced incomes improves over time, particularly as they enter retirement.

There are many advantages to purchasing a house and land package, especially if you are looking to invest in your future. By bundling the purchase price of the land and the home, as well as the cost of construction, you can save a significant amount of money. In addition, package deals can be a great way to get into the housing market, especially if you are looking for a new home and land at the same time.

The RBA has hiked the official cash rate by another 25 basis points to 2.60%.

This will increase mortgage repayments by a corresponding amount. The total effect of the rate hike will be felt by December.

If you’re worried about how you’ll meet your repayments in the months ahead, give us a call today. We’d love to sit down with you and help you work out a plan moving forward.

In the meantime, here are some things you can do to ease the pressure on your finances:

Worried about interest rates? Here’s what you need to know

Well, let's just say it might be a good time to start preparing now - even if you still have a year or two before your fixed rate ends. ⁣

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Sure, fixed-rate mortgage holders aren't feeling the heat of the recent RBA monthly cash rate hikes just yet. ⁣

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But once the period of your fixed home loan expires, it will likely revert to a variable interest rate, which may cost you many hundreds of dollars extra per month. ⁣

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If you think that could put some strain on your budget, it's wise to start preparing a bit of a buffer now. ⁣

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And if you'd like us to help you prepare a more detailed strategy, we'd be happy to give you some ideas. ⁣

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To find out more, DM me or contact Mpowered Finance on:

- 0412 481 983

- [email protected]