By Jessica Stanic · 22 April 2009 · Locked
Low interest rates and government grants are luring first-time buyers into the market, but at what cost? The average debt burden is skyrocketing, leaving many with a daunting financial reality.
First home buyers are flooding into the market aided by low interest rates and the first home buyers grant, however this is causing a considerable amount of debt, with the average first home buyer borrowing $51,000 more than those who took out a mortgage 12 months ago. New analysis conducted by first home buyer website, […]