The unexpected hurdle for first home buyers after saving a deposit - Sydney Morning Herald

They’ve put together a deposit, got a home loan approved and are counting the cost of rising interest rates – but many potential buyers aren’t prepared for the next challenge.

Sarah Megginson, senior editor of money at Finder, said rapidly rising property prices, sales above advertised price guides and strong competition had proved challenging for first home buyers. For s… [+3188 chars]

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