You might already know a little about buying a property, but if you're like many aspiring first-time buyers, you probably haven't taken the first step yet.

Recent federal government incentives combined with low mortgage interest rates offer a rare opportunity for many would-be homeowners to finally break into the market.

The February issue of Your Mortgage has compiled the most comprehensive and practical advice that you can act on to get your first property within five months.

However, like the post-Christmas price markdowns at retail stores, the current 'sale' on the Australian housing market is for a limited time only.

Wait too long and those incentives will disappear, plus housing prices at the market entry-level look set to rise again.

Follow our step-by-step guide to take advantage of the first home Owner Grant boost before it expires on 30 June 2009.

In this months issue you'll also find the secrets of choosing the right advisor to help you with your first home purchase, as well as a property options comparison. Which approach - buying a new property or an existing home - makes the best economic sense for you? Your Mortgage will help you answer this question with a detailed analysis of each option's pros and cons.

Our regular features include the Editor's Choice, state of the market and our loan comparison tables, where we compare over 1,900 mortgages. Make sure you get to your newsagent and pick up a copy of the February 2009 issue on sale now.

Your Mortgage magazine 1  year (6 issues) for $49.95

Whether you are looking to buy your first home, move home, refinance, or invest in property, a mortgage broker can help. Access loans from all the major lenders, get help with paperwork – plus there is no charge for this service. Get help from a local mortgage broker