The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

Don’t believe everything you hear.” This couldn’t be truer when it comes to refinancing reverse mortgages. Many homeowners ...

Matt Cook of HomeTeam Inspection Service spoke about how the growing number of older homeowners is impacting what he sees on ...

Currently, rates at HomeEquity Bank and Equitable Bank – the two heavyweight lenders in the space – hover around 7 per cent ...

As we age, our financial needs often evolve, presenting unique challenges and opportunities. For many older Australians, their home represents their most significant asset. However, accessing this ...

Plus, why Morningstar believes the Federal Reserve will cut interest rates this year more than the markets predict.

But reverse mortgages can also come with high interest rates and unique risks to homeowners. Reverse mortgage What is a reverse mortgage? How does a reverse mortgage work? Requirements of a ...

Halifax is increasing several of its mortgage rates, following other major lenders upping theirs. The UK’s biggest lender is ...

So if you want to borrow from your home equity but don't want to be concerned about repayments, interest rates and changes to the wider rate climate, a reverse mortgage could be preferable this ...

The biggest difference on last year’s leaderboard is that Mutual of Omaha Mortgage overtook Finance ... including a reduction in the interest rate from 9.99% to 9.49%, as well as a rollout ...

Home equity is a valuable financial resource. By definition, it's the difference between your home's value and how much you owe on your mortgage. For example, if your home is worth $500,000 and ...

If a proprietary reverse mortgage seems like your best option, shop around for the best interest rate and read the fine print, as fees can eat into your payout. Whereas proprietary reverse ...