For first home buyers wanting to enter the property market, a decision needs to be made. The 'what' are you going to buy and 'where'. Current first home buyers avoided the 'traumatic' period of time many existing home buyers endured, where month by month interest rates went up and so did repayments. New first home buyers are going into the market with a clean slate. Their affordability is calculated based upon current interest rates. They know no different. However, wh

On 1st October, the First Home Guarantee was rebranded to the 5% deposit scheme with price caps and income limits removed by a government wanting to support more first home buyers get into the market. The result? According to Loan Market data, since October there has been a 40% increase in first home buyer loan applications. This spike in volume of loans being submitted is an indication of the surge in demand by first home buyers wanting to take advantage of the scheme t

Saving for a deposit is hard. With the increasing cost of living and higher rental costs for those waiting to jump into the market, it...

The RBA announced yesterday afternoon that it was reducing the official cash rate by 0.25 basis points. Immediately after the RBA...

When you've finally found a property which ticks all your boxes and it comes to crafting your offer to secure your new home, the question...

For any home buyer (particularly first home buyers), navigating open for inspections, section 32's and making an offer, it can be a...

The RBA has announced this afternoon that it is lowering the official cash rate by 25 basis points from 4.35 to 4.10%. It was broadly...

LMI. What is it and why do so many people fear it? Even for those starting out a fresh as first home buyers, while they may not...

It is this holding pattern which is a killer. Every day, you hope for some good news. Any news. Preferably not bad news. And this is...

Truth be told it depends on the day. Anyone who has a mortgage is eagerly awaiting the green light that the banks have finally started to...

Truth be told it depends on the day. Anyone who has a mortgage is eagerly awaiting the green light that the banks have finally started to...

You've seen a credit card with a humungous amount of Qantas Frequent Flyer points on offer if you sign up. And boy are you tempted to...

When it comes to your employment and applying for a home loan, the nature of your employment matters. Not necessarily the 'what' you do...

One of the biggest decisions you will need to make in regards to your home loan is to whether to choose a home loan with - or without -...

I think we all let out a big sigh of frustration after an inflation report yesterday came out higher than the previous month. That can't...

In the fortunate position you could find yourself negotiating on a private sale to buy a home, rather than bidding at auction, there is...

A little known fact. When you go for a home loan, the bank does not assess you at the rate for which you are applying. No. In fact,...

Would you ever consider buying a property with a friend or sibling rather than a partner or flying solo? It is a question that some...

You are not the first and sadly you won't be the last to feel quite stressed and at times, completely and utterly overwhelmed, when it...

An offset account is a powerful tool to help home loan customers pay off their loan faster than they would otherwise. It can help you to...