Borrowers flock to first week of First Home Loan Deposit Scheme

With first-home hopefuls set to face rising prices already in the housing market this year, the First Home Loan Deposit Scheme will offer help to a select number of buyers who may not have the backing of wealthy parents.  The scheme will allow 10,000 first-home buyers to purchase their first home each financial year with as little as a 5 per cent deposit, without incurring lenders mortgage insurance.

Borrowers flock to first week of First Home Loan Deposit Scheme

Borrowers flock to first week of First Home Loan Deposit Scheme

With first-home hopefuls set to face rising prices already in the housing market this year, the First Home Loan Deposit Scheme will offer help to a select number of buyers who may not have the backing of wealthy parents.  The scheme will allow 10,000 first-home buyers to purchase their first home each financial year with as little as a 5 per cent deposit, without incurring lenders mortgage insurance.

Hedonic Home Value Index

Hedonic Home Value Index

National Housing Values Mark Five Months Of Consistent Growth, Taking The National Index Back Into Positive Annual Growth Territory For The First Time Since April 2018.

CoreLogic’s national Home Value Index surged 1.7% higher over the month and delivered the fifth consecutive monthly increase, coupled with the largest monthly gain in the national index since 2003.