First home buyers don’t care much for the cash rate

Home loan interest rates may be falling to new lows each month (or so it would seem), but this doesn’t seem to always have a positive effect on first homeowner activity, according to new research.

First Home Loan Deposit Scheme gets the green light

The Coalition Government passed new laws through Parliament this week to implement the First Home Loan Deposit Scheme, which will provide a guarantee to eligible first home buyers to purchase a home with a deposit as low as 5%.