First Home Owners Grant has Increased

The Australian Government has recently announced that the first home owners grant will be increased.

The boost to the grant for first home buyers will be as follows:

1. First home buyers who purchase established homes will receive a boost of $7000 that will double the grant to $14,000

2. First home buyers who build a new home or purchase a newly constructed home will receive an extra $14,000 to take their grant to $21,000.

If you are a first home buyer in Australia then now could be the time jump into the market.

As the home loan market can be a daunting place, if you are looking for more information on home loans and selecting the best home for you visit www.goodloanguide.net to find out more.