Cash-strapped seniors take out reverse mortgages

Story date: 2007-09-23 08:50:00
Added on: 2007-09-23 23:00:12

News.com.au - A reverse mortgage allows people aged over 60 to borrow money against their home, with repayments not usually required until the home is sold. The Trowbridge Deloitte study for industry body SEQUAL (Senior Australians Equity Release Association of ...


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