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Unfortunately we are in a new normal of higher rates….Are you a #homeowner wondering what the rest of 2023 looks like for you? Check out the #fixedrate cliff by Tommy Lim

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Mortgage & Finance Broker - I help Business Owners & Professionals confidently secure finance on the most competitive terms possible | Managing Director at SF Capital | MBA, University of Chicago Booth School of Business

Sharing the third and final part of my Fixed Rate Cliff coverage - What you can do about it… Unfortunately, we are in a “new normal” of higher rates, and there is nowhere to hide with higher funding costs impacting all lenders. In this video we look at: 1. Negotiating with your current bank 2. Dollar for dollar refinancing 3. Advanced refinancing for cash flow 4. Budgeting & generating more income 5. What to do if in financial distress Importantly, the key is to be proactive in the current environment, and NOT to simply let your rates roll into variable. If you’d like some help in looking into this, the SF Capital team are here to help. Please reach out to me or anyone of our trusted broking staff - Luke Xie, Priscilla Tan, Lucais Yeung 📞 💬 📨 🎥 Production credits: thank you Social Wave team - Tayla Williams, Noel Myaing, Kan Huang (黄晓侃) and Fiona Yue & Alexey Gandin #fixedratecliff #mortgagecliff #fixedrate #fixedrates #fixedratemortgage #RBA #ReserveBank #CentralBank #CentralBanking #InterestRates #Macro #macroeconomy #MacroEconomics #Economy #AustralianEconomy #HomeLoan #HomeLoans #mortgage #mortgages   #SFCapital #MorethanABroker #SuccessFactors #MortgageBroker #MortgageBrokerSydney #AccessToCredit

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