Mobile Mortgage News

Australia: Brakes on reverse mortgages

posted 235 weeks ago on Reverse Mortgage Loan Blog

Although the reverse mortgage market grew strongly in recent years, a new Datamonitor report has shown signs that the sector is slowing down. The Reverse Mortgages in Australia and New Zealand 2007 report found reverse mortgage advances increased by $385 million over two years, representing more than $624 million in 2006. But against that, the sector [...]
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