As 2025 is already upon us, it is a good idea for first home buyers to refresh themselves with what the State Government is offering in terms of grants, exemptions & concessions. Whilst there haven’t been many changes, we have…
Are you planning to buy a property? If yes, you are scared because it is a significant step – your mind is filled with endless doubts! “Should I spend all my savings in one go?” “Am I getting the best…
The end of the financial year (EOFY) is upon us again! Some lenders have increased the discretionary discounts for first home buyers, especially those looking to take advantage of the Federal Government’s HGS (FHBG) Scheme. Furthermore, lenders on the FHBA…
In the 2024/25 Budget released on the 14th of May 2024, the Albanese Government has announced a raft of measures for the housing sector. However, first home buyers are a group that have been left out to a certain extent.…
The First Home Buyer Guarantee (FHBG) scheme is part of the Home Guarantee Scheme (HGS), which is an Australian Government initiative designed to support eligible first home buyers in purchasing a home sooner and helps reduce the costs in buying your first home.…
On Tuesday, the 07th of May 2024, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35%, marking the fourth consecutive month where the rate has remained unchanged. Recent data available to the RBA indicates that…
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…
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…
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…
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…