First Home Buyers
Ballooning Housing Debt Prompts Talk Of Lending Restrictions From Regulators
The Australian housing market has an imminent crisis looming. Surging property prices, record-low interest rates and increased lending of high-debt home loans are likely to result in a housing bubble burst due to ballooning housing debt. The Australian Prudential Regulation Authority...
Read morefolderCategory: News
bookmarkTags: Australian Housing Debt, Credit growth, Debt-to-Income Ratio, DTI, first home buyers, Home Loan, Interest Rates, property prices
Top First Home Buyer Tips And Advice From The Expert
When it comes to purchasing your first home, there are many things to consider and lots of decisions to make. It can be easy to overlook the most important parts of the process, so here are six first home buyer tips to keep in mind. Tip No. 1: Talk To Your Parents Getting...
Read morefolderCategory: First Home Buyers
bookmarkTags: first home buyer tips, first home buyers
The 6 Biggest Mistakes First Time Home Buyers Make
Buying a home is one of the biggest purchases you will ever make. Yet, over and over again, we see first home buyers make the same mistakes along the way. We want to help you get it right. So, here are the six biggest mistakes many first time home buyers make and you should...
Read morefolderCategory: First Home Buyers
bookmarkTags: first home buyers
First Home Loan Deposit Scheme Adds 30,000 Places, Raises Price Caps
The price caps for homes purchased under the First Home Loan Deposit Scheme (FHLDS) have been raised by $100,000 or more across most states and territories barring the ACT, where they remain unchanged. Given the strong growth in property prices this year, this is welcome and...
Read morefolderCategory: First Home Buyers, News
bookmarkTags: FHLDS, first home buyers, first home loan deposit scheme
Western Australia Is A Strong Choice For The First Home Buyers
According to new research, more than 22,000 new housing loans to first home buyers in Western Australia were approved in the ten months between July 2020 and April 2021, nearly double for the same period the year before. In comparison to New South Wales and Queensland property...
Read morefolderCategory: Mortgage News
bookmarkTags: first home buyers, Perth Mortgage Brokers, WA First Home Buyers, WA Property Market
Investment Lending Experience Fastest Growth In 18 Years
Australian Bureau of Statistics (ABS) figure shows investor lending up 12.7% in March, compared to a 0.9% dip in first home buyers. As expected from the rise in property prices, lending figures in March and April showed home buyers dropping slightly. Investor lending committed...
Read morefolderCategory: Mortgage News
bookmarkTags: first home buyers, Pre approval, Property Investors, property price
6,491 First Home Buyers Aged 40-Plus Bought Property In Victoria
Lender policies might not be the only thing that’s fluctuating in the mortgage industry. According to CoreLogic, property prices slowed down in April to 2.2% in Sydney and 1.3% in Melbourne. However, April may not be the best month to start predicting the slowdown of the housing...
Read morefolderCategory: Mortgage News
bookmarkTags: first home buyers, property price
NSW Stamp Duty Changes: What Are The Benefits?
The New South Wales government is proposing to abolish stamp duty as part of its 2020-21 budget announcement on 17 November 2020. Instead of paying stamp duty upfront, it would be replaced by an annual land tax. Stamp duty is a government tax paid when you buy a property. First...
Read morefolderCategory: First Home Buyers, News
bookmarkTags: first home buyers, home buyers, NSW, Stamp Duty
Australian Property Market Update: September 2020
Falling home values in Sydney and Melbourne pushed the national housing market into its fifth consecutive month of decline. Six of the eight capital cities had a rise in their home values over the month. Only Sydney and Melbourne recorded a decline of 0.3% and 0.9% in September. There...
Read morefolderCategory: Property Market
bookmarkTags: Australian Federal Budget, Australian property, first home buyers
First Home Loan Deposit Scheme: 10,000 New Places Added
The federal government added another 10,000 new places under the First Home Loan Deposit Scheme for new homes also known as the New Home Guarantee for first home buyers looking to purchase a new home or a newly built home. Also known as the FHLDS New Home Guarantee, eligible...
Read morefolderCategory: First Home Buyers
bookmarkTags: first home buyers, first home loan deposit scheme
