The good news is more places on offer in the first-home guarantee scheme. The bad news could be higher mortgage repayments
Laura Valencic has never had the luxury of calling the “bank of mum and dad” to help her buy a home.
After the federal government announced more places under the first-home guarantee scheme in the budget, Valencic feels as though she finally has an in. But she’s wary of a potential pitfall in the future: will she be able to afford the mortgage repayments when interest rates rise?
Continue reading...source https://www.theguardian.com/australia-news/2022/apr/06/australias-first-home-buyers-urged-to-go-in-with-eyes-wide-open-about-future-rate-rises
No comments:
Post a Comment