Posted in First Home Buyers

If you’ve been waiting for the right time to restructure your loan or enter the property market, the Reserve Bank of Australia (RBA) may have just handed you the perfect opportunity.What’s changed?Over the past six months, the RBA has reduced the cash rate three times by 0.25%—a total drop of 0.75%. These cuts have a direct impact on your borrowing capacity and monthly repayments.Borrowing power boost
This means you could now afford a property priced $93,750–$187,500 higher than befo...

If you’ve been dreaming of owning your first home, there’s big news that could make it easier than ever to take that next step.Starting 1 October, the government is expanding the Home Guarantee Scheme, allowing eligible buyers to purchase a property with just a 5% deposit, and no lenders mortgage insurance (LMI). That’s a potential saving of tens of thousands of dollars.BOOK NOWWhat’s changing?No income limits – anyone buying their first home can apply.Higher property price caps –...

Spring is one of the busiest times in the property market. If you’re planning to buy your first home, you’re likely seeing more listings, and more competition. That’s why being prepared matters, not just with your budget, but with understanding your loan options.BOOK NOWBeyond interest rates, there are features in your home loan that can help you save money over time. Two of the most common are redraw facilities and offset accounts. They both help reduce the interest you pay, but they w...

Buying a home or investing in property is one of the most significant financial decisions you'll ever make. It's a journey filled with excitement, anticipation, and, understandably, a few questions.At FinancePath, we understand the importance of making informed decisions, and we're here to guide you every step of the way.BOOK NOWWhether you're a first home buyer eager to step onto the property ladder or an investor looking to expand your portfolio, we've got the answers to the most pressing questi...

Buying a home is a significant milestone, and in recent years this goal has become harder to achieve. Now more than ever there are options to support you and understanding these  options can make the process smoother and more rewarding. At FinancePath, we’re here to help you navigate the various home buying options available to AustraliansBOOK NOWHere’s a comprehensive guide to get you started:1. First Home Guarantee (FHBG)The Australian Government’s First Home Guarantee (FHBG) sup...