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Home Loan News Australia: mortgage interest rate information

Reverse mortgages gaining popularity in Australia

Older couple in front of houseDesigned to free up funds in retirement, the reverse mortgage is gaining popularity fast. In 2005, over 13,000 Australians took the reverse mortgage option to fund their retirement, loaning a grand total of $647 million. An incredible increase over the previous year's 5000 reverse mortgage applications, totalling just $250 million.

Money Buddy guide to ... home loan types

Confused about all the different types of home loans on offer? This Money Buddy guide cuts through the jargon and explains what mortgage types are available and how to decide what you need.

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