Shared Equity Mortgages – First Home Buyer Life Line or Equity Bonus for the Banks?
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With the emergence of a housing affordability crisis in Australia the new ‘shared equity mortgage’ scheme for first home buyers and families is being touted as the new life line for prospective home owners.
A recent first home buyer survey in Australia conducted by Genworth Financial on 2000 adults discovered that 70% of participants surveyed would [...]