Posted in Homeownership

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...

If you’ve been waiting for the right time to restructure your loan or enter the property market, the Reserve Bank of Australia (RBA) may have just handed you the perfect opportunity.What’s changed?Over the past six months, the RBA has reduced the cash rate three times by 0.25%—a total drop of 0.75%. These cuts have a direct impact on your borrowing capacity and monthly repayments.Borrowing power boost
This means you could now afford a property priced $93,750–$187,500 higher than befo...

In July, many experts expected the Reserve Bank of Australia (RBA) to cut interest rates. Inflation seemed under control, and cost-of-living pressures continue to weigh heavily on Aussie households. But instead, the RBA chose to keep the cash rate steady.So, why didn’t they cut rates? Let’s break it down in simple terms.Inflation is better but not quite there yet.Inflation has dropped to 2.4%, which is within the RBA’s target range of 2–3%. That’s a good sign. But the RBA doesn’t ...

Buying a home is a significant milestone, and for many Australians, it can feel like a daunting task. But with the Australian Government’s Help to Buy scheme, your dream of home ownership is closer than you think. At FinancePath, we’re here to guide you through this fantastic opportunity and help you make the most of it. BOOK NOWLet’s dive into how the Help to Buy scheme can benefit you.What is the Help to Buy Scheme?The Help to Buy scheme is a shared equity program designed to make hom...

When you're planning to build your own home, understanding the difference between a construction loan and a standard home loan is crucial. It's a question we get asked frequently, especially with the increasing number of knockdown and rebuild projects we assist with.Get a construction loan and receive funds as you build. Start today!BOOK NOWHere’s a quick guide to help you understand how they work.What is a Construction Loan?A construction loan is designed specifically for those who are build...