First Home Loan Deposit Scheme

Property: Is now a good time to buy?

A few weeks ago Treasurer Josh Frydenberg confirmed that Australia is in the midst of its first recession in 29 years. We may have not had the two consecutive quarters of declines in gross domestic product...

Canstar News - March 17th

How will coronavirus affect property prices in Australia?

The bottom line is it will be negative - prices will go down. People, up until now, have been talking about the property market developing a bit of momentum, with the interest cuts we had last...

Canstar News - February 24th

First Home Loan Deposit Scheme banks: lowest variable loan rate from each lender revealed

In its first month, 3,000 keen first-time home buyers were granted a coveted reserved spot on the Federal Government’s First Home Loan Deposit Scheme (FHLDS). The scheme, which began on 1 January, 2020, can help reduce...

Canstar News - February 20th

Hopeful singles lining up to buy their house with the Federal Government’s help

The First Home Loan Deposit Scheme (FHLDS) is designed to help people with a deposit of as little as 5% buy their first house without paying Lender’s Mortgage Insurance. This could potentially save buyers thousands of...

Canstar News - January 14th

First Home Loan Deposit Scheme: Buyer boost or poisoned chalice?

The initiative is designed to help eligible Australian first home buyers with deposits as low as 5% to get a loan, without needing to pay for lenders’ mortgage insurance (LMI). But property research house CoreLogic has...

Canstar News - December 12th

First Home Loan Deposit Scheme lenders list revealed

UPDATE: 2020 First Home Loan Deposit Scheme: lowest variable loan rate from each lender revealed MORE INFO: First Home Loan Deposit Scheme - how to apply The National Housing Finance and Investment Corporation (NHFIC) has released the...