First Home Buyer
Who’s Behind The Surge In Property Prices?
There have been many discussions lately around whether the Australian Prudential Regulation Authority (APRA) will introduce regulations to slow Australia’s rising property prices. The watchdog has argued that as the rising prices are being driven by first home buyers, not...
Read morefolderCategory: Mortgage News
bookmarkTags: Australian property market, First home Buyer, Property Market
Where, What And Who Is Using The FHLDS?
An interactive map-tool launched by the NHFIC lets first home-buyers see where people are buying their first homes, their ages, income, and deposit saved. The tool aids buyers make a better purchase decision. The NHFIC rolled out the First Home Loan Deposit Scheme (FHLDS) to...
Read morefolderCategory: First Home Buyers
bookmarkTags: First home Buyer, first home buyer scheme, first home loan deposit scheme, first time home buyer
Budget 2020: Helping First Home Buyers & Infrastructure Development
The focus of the 2020 Federal budget is to help Australians get through the COVID-19 recession by boosting business and consumer confidence and growing the economy and creating jobs. Here’s what Federal Treasurer, Josh Frydenberg announced for the 2020 Federal Budget. 10,000...
Read morefolderCategory: News
bookmarkTags: Australian Federal Budget, Budget 2020, First home Buyer, Property Investment
First Home Buyer Deposit Dilemma
70% of first home buyers have been forced to chip into the deposit funds they had saved towards fulfilling their home ownership dreams. This startling figure was revealed in a nationwide study conducted by Gateway Bank. The study surveyed 700 aspiring first home buyers in May...
Read morefolderCategory: News
bookmarkTags: First home Buyer, first home buyer deposit, first home loan deposit scheme, No deposit Home Loan
$1 LMI For First Home Buyers
A non-major lender has announced that you’ll only need to pay $1 in Lenders Mortgage Insurance (LMI) if you’re borrowing 85% of the property value. The $1 LMI offer for first home buyers offer is effective from 13 July 2020. One of the pain points for a first home buyer...
Read morefolderCategory: First Home Buyers
bookmarkTags: First home Buyer, Lenders Mortgage Insurance
How COVID-19 Has Changed Australian Home Ownership Goals
Research conducted by Westpac and ING has revealed what Australians want in their next home, where they want to buy and how they have reignited their dreams of home ownership due to the pandemic. Recent research by Westpac revealed that COVID-19 restrictions have impacted what...
Read morefolderCategory: News
bookmarkTags: First home Buyer, HomeBuilder
What Is The HomeBuilder Grant?
What is the HomeBuilder grant? It is a $25,000 tax-free grant given to eligible owner-occupiers, including first home buyers. The grant can be used to: Build a new home Renovate an existing home The HomeBuilder grant is a federal scheme designed to help the Australian residential...
Read morefolderCategory: News
bookmarkTags: Construction, construction loan, First home Buyer
NAB Guarantor Home Loan Withdrawn
Effective from 25 May 2020, NAB will not accept parents as guarantors on their home loans or investment loans. NAB will not be able to do no deposit home loans for first home buyers who want to use their parents on their home loan. It updated their guarantor lending policy to...
Read morefolderCategory: Policy Changes
bookmarkTags: First home Buyer, Guarantor loan, NAB
How The First Home Loan Deposit Scheme Is Helping Millennials?
The Great Australian Dream is still alive for millennials in Australia, with 94% citing homeownership is important to them. A recent Genworth survey revealed that a majority of millennials want to buy a home as it provides them with stability and security. Unfortunately, for...
Read morefolderCategory: First Home Buyers
bookmarkTags: First home Buyer
The Ripple Effect: A Guide To Housing Price Growth
Have you ever noticed ripples over a pond? Much like those rippling waves, the growth in property price, too, tends to exhibit a wave-like pattern that flows from one location to the other over time, creating something like a ripple effect. It’s something that some property...
Read morefolderCategory: Property Market
bookmarkTags: First home Buyer, Property Market, property prices
