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Chase Edwards, Money Management, Mortgages

Best time ever for first home buyers, but many still in doubt

 July 31, 2020

By  Chase Edwards

Queensland is leading a national surge in inquiries about taking out a home loan, with financing conditions the best they’ve ever been.

Separate research revealed that seven out of ten first homebuyers were failing to take advantage of the positive market conditions because they did not know how to go about it. 81% of respondents indicated they needed financial guidance, with 65% planning to turn to a mortgage broker for help.

Getting on the property ladder is within arm’s reach for anyone if they dedicate themselves to growing their savings, but confusion around what can help Australians get there more quickly and easily is stopping many aspiring buyers from achieving their goals.

src: https://www.realestate.com.au/news/best-time-ever-for-first-home-buyers-but-many-still-in-doubt/

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