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Reverse mortgages again stole the spotlight as the papers picked them apart for the benefit of curious readers. Reports in daily and suburban newspapers explored the pros and cons of what is becoming an increasingly popular product among Australia’s aging baby boomers. According to ABC News, there has been an 80% increase in reverse mortgages, with the industry now worth an incredible $1.5 billion and growing.
Reverse mortgages again stole the spotlight as the papers picked them apart for the benefit of curious readers. Reports in daily and suburban newspapers explored the pros and cons of what is becoming an increasingly popular product among Australia’s aging baby boomers. According to ABC News, there has been an 80% increase in reverse mortgages, with the industry now worth an incredible $1.5 billion and growing.
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