How low can interest rates really go in Australia? Since the RBA October 2019’s rate cut to a new record low of 0.75%, first home buyers can now find more home loans with advertised rates below 3% on a variable…
Buying your first home can be exciting but also overwhelming for first home buyers – after all, it is probably the biggest buying decision you will be making in your life, thus far. This is where FHBA comes in! We…
Many aspiring first home buyers have different views on what the minimum deposit requirements are before they can successfully purchase their first home. Many believe that a minimum of 10% or 20% of the property purchase price is required in…
Toowoomba (nicknamed ‘The Garden City’) is a city in the Darling Downs region in the Australian state of Queensland. It is located 125 km west of Queensland’s capital city, Brisbane. It has developed into a regional centre for business and government…
The suburb of Ellenbrook has been around for decades, however, only recently has it become known as one of the fastest growing residential areas of Perth. Ellenbrook is a northeast suburb of Perth, Western Australia, about 21 km from Perth’s Central…
Unfortunately, Lenders Mortgage Insurance (LMI) and first home buyers are commonly mentioned in the same sentence. Paying LMI is one of the more popular ways first home buyers are able to achieve their ‘Great Australian Dream’ of home ownership. Whilst this…
Can I use the First Home Owner Grants (FHOG) & other rebates as my first home deposit? The short answer is YES you can use the FHOG and rebates to form all or part of your deposit. At FHBA, our FHBA…
What should first home buyers look for in a home loan and how do you find the most appropriate loan for yourself? First home buyers, historically, have always been up against it, especially as property prices and rents increase, making…
Recently we announced that we have partnered with Mortgage Australia Group (MAG) to provide first home buyers with a comprehensive mortgage broking service no matter where they are located in Australia. FHBA co-founder Taj Singh explained one of the key…