We know what it's like to buy your first home. That’s why we’ve created the Your First Home Blog – to share tips, personal experiences and practical information, tailored specifically for new home buyers. Have your say and leave a comment.

Read the Your First Home Blog articles below and don’t hesitate to share your experience and make a comment.

Saving a deposit

July 19th, 2010

9 in 10 home seekers surveyed in the ‘First Home Buyers’ Pulse Check report*  told us they are saving their deposit by building up money over time rather than being lent money or gifted money.
How have you saved up a deposit for your first home?
 
*The RAMS First Home Buyers’ Pulse Check, referred to in this [...]

Mortgage providers

July 15th, 2010

What type of relationship do you want with your mortgage provider?  The majority of home seekers from our survey* said they wanted to ensure they were always getting the best financial deal.
Do you agree?  What is more important to you?
 
*The RAMS First Home Buyers’ Pulse Check, referred to in this document, was a survey of [...]

What’s your moving house story?

July 12th, 2010

What’s the worst thing about moving? Send us your best (or worst) moving story.

Saving for a deposit

July 8th, 2010

A group of First home buyers surveyed in the ‘First Home Buyers’ Pulse Check report*, told us late last year they were devoting between 10% and 30% of their household income to saving for their first home.
Are you putting away the same kind of amounts for your deposit each month?
 
*The RAMS First Home Buyers’ Pulse [...]

Your interest rate predictions

July 5th, 2010

Looking into your crystal ball, do you expect that interest rates will stay steady for the rest of 2010 or increase back to the 9-10% rates seen in 2008?

Triggers for first home purchase

July 1st, 2010

The key reasons our survey* responders started looking for their first home included “got a job with a steady income”, “moved in with a partner” and “got married”.
What was the trigger in your life that motivated you to start looking for your first home?
 
*The RAMS First Home Buyers’ Pulse Check, referred to in this document, [...]

Where will you buy your first home?

June 28th, 2010

What’s influencing where you are looking for your first place?  Are you looking for a house in a safe area?  Is it because you can afford there?  Is the size of the house most important?
Tell us what considerations you’re thinking of when you look to buy a home.

How long will your mortgage last?

June 24th, 2010

The results from our survey* indicated that 65% of home owners will try to pay off their loan within 15 years.  In contrast, 48% of home seekers say that they will not pay their  loan off before the end of its term.
Let us know what you think – will you pay off your loan before [...]

Choosing a lender

June 21st, 2010

7 in 10 home seekers are open to the idea of obtaining their mortgage from a specialist lender. 
Are you considering a non-bank lender for your first home? Why?

Managing a first home mortgage

June 17th, 2010

Do you think a fixed or variable rate is the way to go?  We’ve found in the ‘First Home Buyers’ Pulse Check survey* that 7 out of 10 home owners have a variable rate mortgage but 5 out of 10 home seekers intend to split their mortgage between fixed and variable.
So what have you done, [...]