28 October 2008
First home buyers are in a position to get some great deals on home loans, as long as they act quickly before house prices rise. With the first home buyers grant having been extended to $14000 for those buying established homes and to $21000 to those purchasing a newly constructed home, many of the initial fees for purchasing a home can be offset by first home buyers using the grant. In addition, interest rates are looking set to keep dropping for the near future, so first home buyers that can find a good deal on a property should be pleased with the deal available on home loans.