First Home Buyer
News: Is ScoMo’s First Home Buyer Scheme Any Good?
The Government has announced a new first home buyer scheme just days out from the Federal Election. So how does it stack up in improving housing affordability? How it works If you have saved at least 5% of the property value as a deposit, the Government will guarantee up to 15%...
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Interest Rate Specials – April 2019
April 2019 interest rate specials This month, some of our lenders have announced some exceptional interest rate discounts. Home loan: From 3.55% (comparison rate 3.67%) – conditions apply. 5 years fixed: From 3.79% (comparison rate 3.80%). Investment loan: From 3.89% (comparison...
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Top 10 Biggest Home Buyer FAILS
Not having a deposit or a guarantor Not having any savings of your own to put towards the purchase is mistake number one. As a minimum, you should have at least 5% deposit of the property value which you’ve saved through regular deposits into a savings account over a period...
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Home Buyers Snubbed In Budget 2018
With the Government promising a $2.2 billion surplus by 2020, Scott Morrison’s “Santa Claus” budget has mostly ignored home buyers trying to get into the market. There is some good news though, and investors can breathe a sigh of relief that negative gearing...
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Genuine Savings Changes Huge Win For Home Buyers
One of the biggest barriers to buying a home is saving the deposit but recent changes to lending policies means it’s now easier to get a home loan if you don’t have genuine savings. That’s because Genworth, Australia’s largest Lenders Mortgage Insurance...
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First Home Super Saver Scheme Passes Senate
The First Home Super Saver Scheme (FHSSS) yesterday passed the Australian senate, allowing first home buyers to boost their deposit saving by up to $30,000 or $60,000 for couples. From 1 July 2018, the scheme will allow you to withdraw voluntary super contributions (capped) you...
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Even Homeowners Think House Prices Are “unfair”
More than ever, Australians are relying solely on future home prices for their financial stability and, in a surprise twist, property owners say they would benefit from lower house prices. That’s according to an ME Bank survey, which showed that 43 percent of respondents...
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Funny Street Names Answer To High Property Prices?
Are you a first home buyer trying to crack the real estate market? A study by a group of high school girls may have cracked the answer to affordable housing: find the streets with the silliest names and you could save up to $140,000. You’ll get teased butt save a fortune Let’s...
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Mum And Dad Have Lent $65b To Their Kids
Around 30% of first home buyers using the “Bank of Mum and Dad” Outside of the top 4 banks, your mum and dad are the biggest lenders in Australia. It’s true! According to a new survey from comparison website Mozo, more parents than ever are helping their kids...
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bookmarkTags: Deposit, First home Buyer, Home Loan, No deposit Home Loan
Ask Our Brokers A Question After Hours
Need a home loan but not sure where to start? Have a question about the home buying process? Maybe you just want to get an idea if you qualify. At Home Loan Experts, we understand that you have busy lives so you’re not always able to call our 1300 889 743 number during...
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