first home buyers

7/10 brokers unconvinced buffer changes will cool housing market

by • 4 Nov 2021

The majority of brokers remain doubtful that APRA’s buffer rate change will accomplish its intended effect, according... READ MORE

Owner-occupier lending falls for 4th month: ABS

by Sarah Simpkins • 2 Nov 2021

The value of new home loans fell by 1.4 per cent in September, dragged mostly by a 2.7 per cent drop in the... READ MORE

More FHBs transitioning towards outer suburbs: NAB

by • 2 Nov 2021

New figures released by the major bank suggest that the outer suburbs are gradually, but increasingly, becoming... READ MORE

Victoria releases $500m home-buyer fund

by Malavika Santhebennur • 8 Oct 2021

The state has launched a new home-buyer fund, under which it will pay 25 per cent of the property purchase price if... READ MORE

Association heads flag downside risks of buffer changes

by Annie Kane • 6 Oct 2021

The two mortgage broker associations have flagged potential risks of increasing serviceability buffers, including... READ MORE

Fewer renovations being funded by debt: Houzz

by • 5 Oct 2021

Only one in 10 are now supported by mortgage refinancing, as cash reserves continue to build, according to a new... READ MORE

Owner-occupier lending dragged amid lockdowns

by Sarah Simpkins • 4 Oct 2021

The value of new home loans declined by 4.3 per cent in August, as owner-occupier lending fell amid ongoing COVID-19... READ MORE

First home buyers flee big cities

by Annie Kane • 21 Sep 2021

Analysis of broker-originated loans has shown that their first home buyer clients are increasingly looking outside of... READ MORE

New FHLDS applications need Notice of Assessment

by Annie Kane • 6 Sep 2021

Applications for the government-backed First Home Loan Deposit Scheme now need to have Notice of Assessments to be... READ MORE

What borrowers want

by Annie Kane • 1 Sep 2021

Every broker knows that the key to a strong brokerage is happy clients. But how happy are broker clients – and what... READ MORE

‘Brokers’ strong relationships’ lead to record FY21: AFG

by Annie Kane • 30 Aug 2021

The strength of the broker-client relationship has helped deliver a record settlement and financial result for the... READ MORE

Pepper reveals record mortgage originations

by Annie Kane • 25 Aug 2021

Strong broker activity has helped deliver a 33 per cent rise in home loan originations, particularly from self-employed... READ MORE

Neobank removes LMI up to 85% LVR

by Annie Kane • 11 Aug 2021

Digital lender 86 400 is waiving lender’s mortgage insurance for owner-occupied loans with a loan-to-value ratio up... READ MORE

Millennials call for more housing regulation

by Malavika Santhebennur • 28 Jul 2021

A survey has revealed that almost three-quarters of Millennials said they believe the housing market needs more... READ MORE

Home buying intentions at all-time high: NAB

by Malavika Santhebennur • 2 Jul 2021

The major bank said more Australians have said that they intend to buy a new home in 2021, while it has seen record FHB... READ MORE

Government adds 30k spots to housing grants

Government adds 30k spots to home loan schemes

by Sarah Simpkins • 1 Jul 2021

The government has expanded the number of places available under its housing support programs by 30,000. READ MORE

Solo home buyers ‘growing force’ in market: ME Bank

by Malavika Santhebennur • 30 Jun 2021

The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has... READ MORE

4 in 10 home owners planning to sell

by Sarah Simpkins • 29 Jun 2021

New research has shown a rise in Australians intending to sell their houses, with a growing number looking to... READ MORE

Bank of mum and dad backed 5% of buyers: survey

by Sarah Simpkins • 29 Jun 2021

Most Australians are relying on budgeting to enter the property market, with a survey finding only 5 per cent have... READ MORE

1 in 5 borrowers lies on credit applications

1 in 5 borrowers lies on loan applications

by Sarah Simpkins • 22 Jun 2021

One-fifth of Australians have admitted to not telling the whole truth on their credit applications, with a researcher... READ MORE

Government expands FHLDS property price caps

by Annie Kane • 21 Jun 2021

The Treasury has expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme and... READ MORE

Qld real estate body calls for stamp duty reform

by Malavika Santhebennur • 21 Jun 2021

The REIQ has slammed the Queensland government for failing to act on the eventual scrapping of stamp duty in the... READ MORE

Teachers Mutual halves home loan products

by Sarah Simpkins • 17 Jun 2021

Teachers Mutual has unveiled a new streamlined home loan portfolio, slashing its previous six offerings down to three... READ MORE

Calls for NSW property tax to play a role in HEM

by Malavika Santhebennur • 17 Jun 2021

An NSW government progress paper on its property tax proposals has included feedback that the annual property tax would... READ MORE

Non-majors highlight turnaround success

by Annie Kane • 7 Jun 2021

Several non-major banks have revealed how they are working to keep turnaround times fast and reduce channel conflict. READ MORE

Housing and rental affordability slides

by Reporter • 7 Jun 2021

The proportion of income required to meet loan repayments has increased, sending housing affordability down a slippery... READ MORE

Why this broker went independent from the get-go

by Malavika Santhebennur • 4 Jun 2021

WA-based broker Amy Ferguson reveals why she jumped straight into the deep end of opening her own brokerage when she... READ MORE

Broker settlements hit new high for March quarter

by Annie Kane • 2 Jun 2021

The value of settled loans written by brokers over the March quarter hit a new record, with broker market share for the... READ MORE

Property investor loans overtake first home buyers

by Sarah Simpkins • 27 May 2021

The mortgage market share occupied by property investors is now exceeding first home buyers, a property technology... READ MORE

Home buyers daunted by pre-approval process: Aussie

by Malavika Santhebennur • 24 May 2021

More than two-fifths of all property buyers are confused about the home loan pre-approval process while over half said... READ MORE