Reverse mortgages have become an increasingly popular way for older Australians to access the wealth tied up in their homes without having to downsize or sell. We look back at the history of these specialist financial products in Australia.
Reverse mortgages have become an increasingly popular way for older Australians to access the wealth tied up in their homes without having to downsize or sell. We look back at the history of these specialist financial products in Australia.
If you’ve been looking into reverse mortgages, you might have come across something called the No Negative Equity Guarantee. It’s a key part of reverse mortgages in Australia, designed to protect homeowners. We explain exactly what it is, and why it is important?
