With talk of a potential RBA interest rate cut hitting the wires there are more specials available to first home buyers looking to buy in 2019! Furthermore, lenders on the FHBA Mortgages panel have introduced some new policies which help…
Summer is already upon us in 2018, with Christmas only a few weeks away. On the 4th of December 2018, the RBA also decided to leave the cash rate on hold, which means rates have been on hold for the…
Spring is one of the busiest times of the year for the property market. Lenders have started the Season by featuring heavily in the news. A number of the lenders have decided to increase their interest rates, blaming rising funding…
The last month of Winter (i.e. August) has already arrived. With Winter coming to an end, Australian lenders continue to focus their attention on owner-occupiers, especially the first home buyers. This is great news for first home buyers as you…
How long do I need to be working before I can get my first home loan? This is a question we often get asked from many aspiring first home buyers who are looking to get into the market for the…
The Reserve Bank of Australia (RBA) has left the cash rate on hold ahead of the 2018-19 Federal Budget which will be handed down next week in Canberra. Disclaimer: Comments made in this article are either general in nature or…
Many Australian lenders are not comfortable with lending to first home buyers, who aren’t Australian permanent residents or Citizens. For many lenders, it is too risky to lend to an applicant without permanent residency as they are concerns about a…
The Reserve Bank of Australia (RBA) has again remained cautious, leaving the cash rate on hold at 1.50% during their April 2018 rate review meeting. Rates have now been on hold since October 2016. How long will they continue to…
“I have checked my borrowing capacity using a calculator online and found that I can borrow $xxx,xxx – why is this not my actual borrowing capacity when I go speak to a broker/lender?”. At FHBA Mortgages a lot of our…
The Reserve Bank of Australia (RBA) has again remained cautious, leaving the cash rate on hold at 1.50% during their March 2018 rate review meeting. However, two of Australia’s ‘big four’ banks have revised their interest rates outlook for the…