First Home Owner Grant – FHOG

May 28th, 2009 Adam Posted in Loans, Mortgages |

First home owner grant (FHOG) is a grant that Australian government is giving to all first home buyers in different states. Due to current financial crisis around the globe & extremely lower interest rates, government makes a smart move. To promote first home buyers & increase buying power for first home buyers increase the housing grant. In early 2008 housing grant in NSW was 7000 AUD & government has increase that to 14000 AUD for first home buyers who is buying home which is old, however for new constructed home government grant is 21000 AUD.

First home owner grant helps many first home buyers to have their dreams comes true by having their own home. Most people who have job security & income protection took benefits of government grant with lowest interest rates in last many years. Interest rates are on lowest possible level so it is a best time to get in to fixed interest rate loans & mortgages. Due to current financial crisis first home loan broker & home mortgage consultants are ready to give you best home loan deal with lowest interest rates. So if you are thinking of owning your own home it is the best time to get in to genuine first home owner’s loan with government first home owner grant. Visit Iden money consultant for their expert advise on first home owners grant & first home owners loan & mortgage. They are honest in their opinion so that you end up getting which suits you & more appropriate to you.