While the global markets may be in melt down, now may be the best time in years for first home buyers to get into the market.  How can I suggest such a thing with all the doom and gloom going on?
3 simple reasons:
1. First Home Buyers are getting more government support than ever before with [...]

The table below shows the money available from the Federal and Victorian Governments for first home owners from Oct 14th,2008 until June 30th, 2009:

Contract Date

Conditions

First Home Owner Grant

New First Home Owner Boost

First Home Bonus #

First Home Owner
Regional Bonus #

Total Grant Avail

From 14 October 2008 to 30 June 2009
# Additional [...]

I almost ran off the rode yesterday when I heard the news that the RBA had cut rates by 1%.  Sure, rates have been cut by 1% in the past, but that was back when rates were around 19% and we were a banana republic. Yesterday’s cut is proportionately the biggest interest rate cut ever.
To cap [...]

Back on September 15th, I wrote in my Blog about the new First Home Saver Accounts that were being released as part of the Government’s attempts to help first home buyers save and get into the property market.
I noted that whilst details of accounts were not yet available, the government’s rules around the setup and [...]