News and Insights
Keep up with the property market, interest rates, lending rules and other useful updates for anyone who wants to make smarter property and financial decisions.
Why first home buyers often get better interest rates on new builds
If you’re a first home buyer with a 10% deposit, a new build could actually get you a better interest rate than an existing home. Banks treat new builds differently, which can mean sharper pricing and better deals. Here’s what you need to know.
How much deposit do I actually need to buy my first home?
The short answer? It depends on your situation… but If you qualify for a First Home Loan, you might only need a 5% deposit. If you don’t meet the criteria for that, there are other options and most banks are happy to lend to first home buyers with a 10% deposit. Here’s everything you need to know.