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 [...]
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, 2010Mortgage providers
July 15th, 2010What 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, 2010What’s the worst thing about moving? Send us your best (or worst) moving story.
Saving for a deposit
July 8th, 2010A 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, 2010Looking 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, 2010The 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, 2010What’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, 2010The 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, 20107 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, 2010Do 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, [...]

