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
Don't let a 20% deposit stop you. New data from Cotality reveals nearly 6 in 10 first home buyers are entering the market with a low deposit. This is possible thanks to bank allowances under the Loan-to-Value Ratio (LVR) rules, allowing many to buy sooner.
Other market trends show relocating owner-occupiers ('movers') are returning, and more borrowers are locking in longer-term fixed mortgage rates to secure their positions against future rate rises.
The secret weapon: Low deposit lending
Movers are making a comeback
Locking it in for longer
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