My fixed rate is expiring, what next?
Apple Grace (not her real name) bought her first home 2 ½ years ago. In 6 months, this fixed rate will expire and she wants to know what her repayments will be
How rising interest rates affect consumer behavior amid inflation concern
As interest rates go up, people are spending less. Big banks in Australia are seeing a drop in consumer spending, even more than what official numbers show.
Massive changes in the First Home Buyer Assistance Scheme
The First Home Buyer Assistance Scheme (FHBAS) is undergoing some exciting changes, set to take effect from 1 July 2023. These changes aim to empower eligible
New NSW stamp duty reform to make homeownership more affordable
NSW government has increased the stamp duty exemption cap to $800,000, allowing first-home buyers to avoid paying stamp duty on properties priced below $800,000
What is the Regional First Home Buyer Guarantee?
The Regional First Home Buyer Guarantee (RFHBG) will be available to help first home buyers living in regional Australia achieve their dreams of home ownership.
First Home Buyers Schemes & Grants for 2023-2024
The Home Guarantee Scheme (HGS) is a government initiative designed to support first-home buyers and single parents in buying their homes sooner. The scheme is administered by the National Housing Finance and Investment Corporation (NHFIC). There are two guarantees available under the Home Guarantee Scheme – First Home Guarantee and Family Home Guarantee.
Family Home Guarantee: A single parent’s guide to homeownership
This scheme aims to make homeownership accessible to single parents, who may find it challenging to save for a deposit due to their financial responsibilities.
How can I apply for the First Home Guarantee?
Buying your first home can be an exciting yet daunting experience, especially when it comes to financing. Fortunately, the Australian government has introduced several initiatives to help eligible first-home buyers enter the property market sooner. In this article, we will guide you through the First Home Guarantee (FHBG), a government initiative that provides assistance to […]
First Home Guarantee home buying stories
Introducing a collection of inspiring feature stories that highlight the real-life experiences of individuals who have successfully navigated the path to homeownership with the help of the First Home Guarantee
How to finance your second property using your home equity
Before we dive into the nitty-gritty, let’s ensure we’re on the same page when it comes to understanding home equity.