Pressure on government to match super-backed reverse mortgage
By initiating the review, the government is signalling a small rate reduction for the 1100 pensioners who have reverse mortgages with the...
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Pensioners attack state reverse mortgage scheme
The 2018 Federal Budget expanded the Pension Loan Scheme (PLS) to allow all retirees to obtain a state run reverse mortgage, which...
Coalition to review reverse mortgage rate after being accused of ripping off seniors
Josh Frydenberg says current interest rate of 5.25% for pension loan scheme is lower than rates charged by private sector The Morrison...
Retiree reverse mortgage system rates to be reviewed
Retirees who use a federal government reverse mortgage program to boost their incomes are likely to get an interest rate cut after...
Don’t-Pay-Till-You-Die Reverse Mortgages Are Booming in Canada
Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon. If you’re 55 or older, you can borrow as...
Reverse mortgages: How the new rules affect you
Retirees worried about income, thanks to lower interest rates, have a new way to dip into the equity in their property. We outline what's...
Retirees marooned as banks retreat on reverse mortgages
Retirees are being blocked from accessing the money trapped in their property as banks pull out of the reverse mortgage market, fuelling...
Rapid rise in retirees with mortgage debt
The number of Australian homeowners over the age of 65 still carrying mortgage debt has trebled since 2002, raising concerns the...
CBA and Bankwest axe reverse mortgages amid rising costs and tougher scrutiny
CBA and subsidiary Bankwest are axing reverse mortgages, the last of the major lenders to pull out of the $3.1 billion sector amid...
Sydney too pricey: US build-to-rent giant Sentinel turns focus to Melbourne
American build-to-rent giant Sentinel Real Estate Corporation has declared Sydney too expensive to undertake projects and has instead...
Real Estate Agents - Wasted Money or Necessity?
When it comes to the work of real estate agents, it seems like the pro group and the against group can never agree on the need of them....
Sale And Stay - Benefits And Downsides
Have you heard about the sale and stay deal? Yes? No? Well either way, here's a little lecture about the good and the bad sides of the...
What Can Reverse Mortgage be Used For?
For all those that know well what a reverse mortgage is but isn't sure if it something they really need, here's an article in which we...
When Should You Sell And Stay?
In Australia, there are many ways to get a large amount of money fast, but they involve banks and loans. A lot of people simply don't...
Real Estate Agents in Australia Will Make You Profit
Even though the common idea about real estate agents is that they will only charge you for something that you can do by yourself, this is...