Minimum employment period for casual jobs
How long do I need to be employed in a casual role for my income to be considered for my first home loan? At FHBA, we get asked this question a lot. A lot of aspiring first home buyers are…
Tag First Home Loan
Best first home buyer loan offers in April 2024
With talk of a potential RBA interest rate cut later in 2024 hitting the wires there are more specials available to first home buyers looking to buy this year! Furthermore, lenders on the FHBA Mortgages panel have introduced some new…
March 2024 RBA Rates Call: What it means for first home buyers?
On Tuesday the 19th of March, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35%, marking the third consecutive month where the rate has remained unchanged. Many experts are predicting that we have already hit…
First Home Buyer Guarantee Scheme: Capital Cities
The First Home Guarantee (FHBG) is part of the Federal Government’s Home Guarantee Scheme (HGS), assisting aspiring first home buyers get into the market sooner with the minimum deposit of just 5% in every capital city (as well as major…
Interest rates remain steady in February 2024 RBA Meeting
On Tuesday the 06th of February, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35% following a period of slower inflation toward the end of 2023. Many experts are predicting that we have already hit…
LMI Waivers now available for Registered Nurses, Midwives, Speech Pathologists & Occupational Therapists
FHBA is pleased to announce that we have access to multiple lenders who have extended its Lenders Mortgage Insurance (LMI) waivers policy for professions that have not been eligible for the 10% deposit LMI Waiver prior. Registered Nurses & Midwives…
FHBA launches brand new website with exciting new & updated tools!
First Home Buyers Australia (FHBA) are pleased to announce that we have redesigned our website and created some more exciting features, helping first home buyers achieve the Great Australian Dream of home ownership. We have listened to our readers and…
Rentvesting : Minimum Deposit Required
Whilst the housing affordability crisis has eased over the past few years, it still remains an issue across many of Australia’s larger cities, this has resulted in some first home buyers to buy their first home as an investment property…
WA Building Bonus Scheme
The WA Govt announced a $125 million package for the WA construction sector in June 2020. This scheme provides a $20,000 grant for those looking to build or buy a new home. The $20,000 grant announced by the WA government…
Great Australian Dream reignited with announcement of Federal Government Grant
Earlier this month the Australian federal government announced a huge $688 million home builder package aimed at stimulating the construction and real estate sector. Whilst COVID-19 has resulted in a raft of social and economic issues for Australia, this package…