Feature article
6 in 10 first home buyers are cracking the market with a low deposit
20% deposit standing between you and your first home? The latest market insights might make your day.
AI summary
First home buyers are actively entering the market, with Cotality data showing nearly six in 10 secure loans with less than a 20% deposit. This is possible due to bank allowances under Loan-to-Value Ratio (LVR) rules.
This strategy helps buyers purchase sooner while listings are high. The market also shows relocating owner-occupiers returning, and more borrowers are locking in longer-term fixed mortgage rates to secure their financial position.
The secret weapon: Low deposit lending
Movers are making a comeback
Locking it in for longer
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