The federal government has doubled the number of openings for its popular First Home Loan Deposit Scheme. When the scheme started in January, only 10,000 eligible first home buyers […]
Month: November 2020
Good news for buyers as ScoMo changes home loan rules
It will soon become easier to qualify for a mortgage, under reforms proposed by the federal government. Lenders will no longer have to comply with strict ‘responsible lending obligations’ […]
Buyers give vote of confidence to the property market
Australians are showing more confidence in the property market, new auction figures have revealed. There were 14,216 auctions held in the capital cities during the September quarter, according to […]
Loyal borrowers charged extra on their mortgage
Staying loyal to your bank could cost you thousands of dollars, according to the new Reserve Bank of Australia data. At the end of August, there was a gap […]