Equity release rates cut over month as lenders improve offers

November 27, 2023by

The equity release market has seen lenders cut rates since the start of this month. This is according to...

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How rate volatility is changing reverse mortgages

November 27, 2023by

Reverse mortgages have a history of evolving in response to market stresses, and the recent gyrations in interest rates...

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Early retirement withdrawals accelerate, but baby boomers save the most

November 27, 2023by

Retirement account balances decreased only slightly in the third quarter of 2023, but account withdrawals and loans are inching...

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FHA Commissioner: Reverse mortgages an ‘important part’ of housing finance system

November 27, 2023by

For the third time since 2015 after a sustained rocky period in red ink, the Home Equity Conversion Mortgage...

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What will lower mortgage rates do to spring housing inventory?

November 26, 2023by

Purchase application data Now that mortgage rates have fallen from a bit over 8% toward 7.32%, we can see the...

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Australian economy ‘in a better position than most’, says Treasurer 

November 25, 2023by

Australia’s economy is “in a better position than most”, according to federal Treasurer Jim Chalmers, despite the nation still...

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RBA reveals reason behind November rate hike

November 25, 2023by

The November monetary policy meeting saw the Reserve Bank of Australia (RBA) increase the official cash rate by 0.25...

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Major bank scraps deputy CEO position 

November 25, 2023by

The major bank has revealed it will enter 2024 with a reshaped executive leadership team as its deputy chief...

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Home Value Index reaches record high

November 25, 2023by

CoreLogic’s national Home Value Index (HVI) has revealed that the national dwelling value as of 22 November 2023 reached...

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Investigations into alleged mortgage Ponzi scheme continue

November 25, 2023by

Investigations are continuing into the alleged misappropriation of investment funds from a mortgage and loan business, with findings not...

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