First Home Buyers

Investors are dominating the NSW and Queensland mortgage markets amid a drop in first homebuyer numbers, according to AFG December figures.

The Real Estate Institute of New South Wales (REINSW) is calling on the state government to reinstate first homebuyer incentives following a decrease in the number of first homebuyer sales.

If Lara Bingle was to reinvent her spot as ambassador for the Australian Tourist Commission, she might well do it for the first home buyers in Victoria and once again pose the question: “Where the bloody hell are you?”

Saving for a deposit for a home loan can be hard to do quickly, and is even hard for some people to get started at all.

Government first home buyer schemes vary around the country, and there have been changes to each of them over time.

Kevin Rudd’s first home saver accounts scheme has been scrapped by Joe Hockey’s federal budget.

Buying their first home is a massive step in a young person’s life, and parents can play a big role in teaching them some lessons and offering experience and support.

As reported last week, the Australian Bureau of Statistics has admitted it had under-reported the first-home buyer share in Australia’s property market, and one prominent aggregator head says it could even push up interest rates.

When putting together an application for finance projects, what better way to narrow the focus of the application to the elements that lenders themselves recommend.

We all know saving for your first home these days takes a substantial amount of money and for people on most incomes, a fair bit of time building up enough for a deposit.