mortgages

13_vital_shutterstock_.jpg

UNSW Business School is investigating how people decide whether a reverse mortgage is a good way to supplement their retirement income.

The number of mortgage brokers providing a money-saving service to consumers could fall under changes recommended by the banking royal commission, says Mark Humphrey-Jenner of UNSW Business School.

shutterstock_6345628.jpg

The Australian housing market is now in a shallow decline, but the issue of interest only mortagages could still send it off a cliff.