Victorian first home buyers take on record high mortgages [The Age]

First-home buyers alert: the banks are going to find us ‘tastier’ targets to lend money to. Remember to use this as leverage! First-timers took out an average loan of $347,600 in July, up $9200 from June. They now make up 11.7 per cent of the market, according to the Australian Bureau of Statistics. – –…