Noosa News
New data from National Australia Bank says mortgage lending for first-home buyers at record levels
National Australia Bank says young borrowers are flocking to outer suburbs and regional Australia in order to get into the property market through first-home buying schemes.
Lending data from the major bank has revealed a surge in buying for first-time home lenders, who are taking advantage of record low interest rates, dips in property prices and access to the first-home buyers deposit scheme.
NAB is one of the two major banks that were assigned first-home buyers deposit places under the federal government scheme.
The scheme allows a…
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