Posted in property purchase
What is a credit report and why it matters for your mortgage.
Posted by Mark Attard
on 16 September 2025
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If you're new to buying property, understanding your credit report is a crucial step in preparing for your home loan application. Think of it as your financial report card, it reflects how you manage debt and financial commitments, and lenders use it to assess your creditworthiness.Curious about your score?Reach out to us at FinancePath! We can check it for you and help you understand what it means for your borrowing potential.BOOK NOWWhat is a credit report?Your credit report is a d...
Posted in:First Home Buyersmortgagecredit reportproperty purchasehome buying |
First home buyer scheme changes make home ownership more achievable.
Posted by Chris Collard
on 10 September 2025
)
If you’ve been struggling to break into the property market, recent changes to the First Home Guarantee Scheme could be the breakthrough you’ve been waiting for.What’s new?The First Home Guarantee Scheme has undergone significant changes in 2025, especially in Melbourne:Price cap increased from $800,000 to $950,000
Income limits removed, making more buyers eligible
5% deposit scheme proposed, reducing upfront costs
Melbourne market opportunityLet’s say you were...
Income limits removed, making more buyers eligible
5% deposit scheme proposed, reducing upfront costs
Melbourne market opportunityLet’s say you were...
Posted in:First Home Buyersproperty purchaseHomeownershiphome buying5% deposit schemefirst home guarantee |
What Labor’s election win means for first home buyers.
Posted by Mark Attard
on 10 June 2025
)
The recent federal election saw the Labor Party secure a decisive victory, ushering in a wave of proposed housing reforms that could significantly benefit first home buyers. If you're planning to enter the property market, here’s what Labor’s housing policies could mean for your homeownership journey.Explore your options today and see how these changes could help you take the first step toward owning your home.BOOK NOW5% home deposit without Lenders Mortgage Insurance (LMI)One of the most ...
Posted in:First Home Buyersproperty purchasehome buyingelection |
Federal budget 2025: Key measures that could affect your home buying plans.
Posted by Mark Attard
on 22 April 2025
)
The 2025-26 Federal Budget introduced a suite of housing and cost-of-living measures designed to shape Australia’s property landscape. Below is a concise overview of the changes and the outcomes they aim to achieve—so you know what’s coming and how it might influence your plans to purchase in 2025.BOOK NOW1. Help-to-Buy scheme expansionWhat’s changing:Government equity contribution increased to up to 40% of a home’s purchase price.Income caps raised to $100,000 for individuals and $...
Posted in:First Home Buyersproperty purchasehome buyingfederal budget |
Is now a good time to buy property?
Posted by Chris Collard
on 25 March 2025
)
With the Reserve Bank of Australia (RBA) cutting the cash rate, interest rates have come down. So, is now a good time to buy property? The answer depends on your unique circumstances and goals, but it’s always best to get a leg up on the property ladder sooner rather than later. Here are some compelling reasons to consider jumping right in.Competitive interest ratesIn February, the central bank lowered the cash rate from a 13-year high of 4.35% to 4.10%. Many lenders, including Australia’...
Posted in:Property InvestmentHome loansFirst Home Buyersproperty investorsproperty purchaseRBAcash rate |