For many potential homeowners, saving enough for a down payment is a major barrier to homeownership. But, it doesn’t have to be. There are thousands of down payment assistance programs available across the country that can help make your dream of owning a home a reality, even if you’re not able to put a significant amount down.

How much do I need for a down payment?

Although the common perception is that you need to have a 20 percent down payment to purchase a home, that’s simply not the case, especially for first-time buyers. Most first-time homebuyers make a down

WHILE Hobart rents have reduced this year, they are far from affordable.

In its latest rental report, CoreLogic found the southernmost capital city’s median rent was only a slither behind Melbourne — just $1 different at $443 a week.

Hobart rents were more expensive than Adelaide, Perth and Brisbane.

But when you factor in wages, that is where Apple Isle residents cannot compete.

The latest ABS Average Weekly Earnings report showed Tasmanians were paid less than every other state.

And at $1488.10 weekly, Tassie was also