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Government’s Guarantee Scheme Saves First-Home Buyers Billions, Raises Questions Over LMI
Australia’s Home Guarantee Scheme has reshaped entry to homeownership for first-time purchasers, freeing them of more than $3.5 billion in lender’s mortgage insurance outlays since the program began. Although the scheme has cost the federal budget less than $100,000, it has assisted roughly 140,000 households by letting buyers enter the market with a 5 % […]
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