Could You Save Money Each Month on Your Home Loan? | Daniel Angelov

All right, let's get into now, be great.

I think our listeners would love to learn more about how you see the market playing out, particularly from your lens, which is financial lens.

My lens is more on the property side.

But I mean, we know we're obviously the big topics at the moment, the inflation, interest rates.

The interest rates went up, we're talking now in the middle of October, went up a week or two ago.

What have you seen happening? in your business from that change?

Yeah, look, it's definitely had an impact, right? I wouldn't say things have stopped altogether.

There's definitely an element of caution that a lot of investors in particular are exercising, which is understandable.

But on the same hand, while you see, you know, there's pockets of the market where you've got investors as an example that are Just treading carefully, you've got equally those that are just as brave and are willing to take advantage of a softening property market, right, where they do see a vendor that might be chasing a price down.

You've got some of those smart investors that are pouncing on those opportunities, right, and they may not necessarily have the benefit of negative gearing.

But they're seeing opportunities, right? They might be relying on other levers to grow their wealth and create that wealth.

So there's definitely movement in certain areas.

It's just not at the same pace as it was pre-budget.

Do

you have a split between investors versus either... home buyers or first home buyers? Look,

in the industry, there's a lot of people say find your niche.

Right now, as it stands for me, I've got a pretty good balance and split between investors, first home buyers, current home buyers that might be looking for a sharper rate, which from my perspective is really good.

It kind of helps balance out the book, which I'm quite appreciative of.

So yeah, to answer that question fairly, probably quite neutral in

terms of that split.

And what do you feel about headlines? You know, where every day we wake up and there's a doom and gloom headline, particularly right now.

It's not about inflation of interest rates and property prices crashing 30%, which we still haven't seen, but they're talking about it.

How does that affect your conversations? Look,

I'll start by saying that headlines kind of talk in averages, right? The media is the media and they love to tell a story.

But the reality is, you know, like I said, headlines talk in averages.

All right, let's get into now, be great.

I think our listeners would love to learn more about how you see the market playing out, particularly from your lens, which is financial lens.

My lens is more on the property side.

But I mean, we know we're obviously the big topics at the moment, the inflation, interest rates.

The interest rates went up, we're talking now in the middle of October, went up a week or two ago.

What have you seen happening? in your business from that change?

Yeah, look, it's definitely had an impact, right? I wouldn't say things have stopped altogether.

There's definitely an element of caution that a lot of investors in particular are exercising, which is understandable.

But on the same hand, while you see, you know, there's pockets of the market where you've got investors as an example that are Just treading carefully, you've got equally those that are just as brave and are willing to take advantage of a softening property market, right, where they do see a vendor that might be chasing a price down.

You've got some of those smart investors that are pouncing on those opportunities, right, and they may not necessarily have the benefit of negative gearing.

But they're seeing opportunities, right? They might be relying on other levers to grow their wealth and create that wealth.

So there's definitely movement in certain areas.

It's just not at the same pace as it was pre-budget.

Do

you have a split between investors versus either... home buyers or first home buyers? Look,

in the industry, there's a lot of people say find your niche.

Right now, as it stands for me, I've got a pretty good balance and split between investors, first home buyers, current home buyers that might be looking for a sharper rate, which from my perspective is really good.

It kind of helps balance out the book, which I'm quite appreciative of.

So yeah, to answer that question fairly, probably quite neutral in

terms of that split.

And what do you feel about headlines? You know, where every day we wake up and there's a doom and gloom headline, particularly right now.

It's not about inflation of interest rates and property prices crashing 30%, which we still haven't seen, but they're talking about it.

How does that affect your conversations? Look,

I'll start by saying that headlines kind of talk in averages, right? The media is the media and they love to tell a story.

But the reality is, you know, like I said, headlines talk in averages.