Connect with us

Noosa News

New data from National Australia Bank says mortgage lending for first-home buyers at record levels

Published

on

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…



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending