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723 interest rate reduction: what now for borrowers, buyers and the property market

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Manage episode 489283129 series 2645727
Content provided by John Pidgeon & Rachelle Kroon, John Pidgeon, and Rachelle Kroon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Pidgeon & Rachelle Kroon, John Pidgeon, and Rachelle Kroon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Interest rates are dropping, but what does that actually mean for your repayments, your mental game, and your next property move? John and Rachelle unpack the physical and psychological impacts of a falling rate environment, what buyers need to know right now, and the smart (and risky) choices many Aussies are facing. They touch on:


👉🏽 how much repayments could drop with more cuts

👉🏿 the mental shift of feeling “richer” and its risks

👉 when it does make sense to sell an investment property

👉🏼 why some investors are holding tight (and why some aren’t)

👉🏽 how much your borrowing power may increase per rate cut

👉🏾 a warning about fixing your loan right now


Need clarity on your property situation? Book a clarity call with John Pidgeon: https://www.solverewealth.com.au


Rachelle Kroon is the director and founder of Sphere Home Loans, which sponsors this podcast. Need a mortgage broker? Check out https://www.spherehomeloans.com.au/


We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

297 episodes

Artwork
iconShare
 
Manage episode 489283129 series 2645727
Content provided by John Pidgeon & Rachelle Kroon, John Pidgeon, and Rachelle Kroon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Pidgeon & Rachelle Kroon, John Pidgeon, and Rachelle Kroon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Interest rates are dropping, but what does that actually mean for your repayments, your mental game, and your next property move? John and Rachelle unpack the physical and psychological impacts of a falling rate environment, what buyers need to know right now, and the smart (and risky) choices many Aussies are facing. They touch on:


👉🏽 how much repayments could drop with more cuts

👉🏿 the mental shift of feeling “richer” and its risks

👉 when it does make sense to sell an investment property

👉🏼 why some investors are holding tight (and why some aren’t)

👉🏽 how much your borrowing power may increase per rate cut

👉🏾 a warning about fixing your loan right now


Need clarity on your property situation? Book a clarity call with John Pidgeon: https://www.solverewealth.com.au


Rachelle Kroon is the director and founder of Sphere Home Loans, which sponsors this podcast. Need a mortgage broker? Check out https://www.spherehomeloans.com.au/


We hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.


To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

297 episodes

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