The Home Equity Theft Reporter: Title Closing Company Owner Gets 10+ Years In Cash Back Mortgage Scam

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Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

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In a reverse mortgage, you keep the title to your home. That means you are responsible for property taxes, insurance, utilities, fuel, maintenance, and other expenses. And, if you don’t pay your property taxes, keep homeowner’s insurance, or maintain your home, the lender might require you to repay your loan.

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Australia’s budget deficit is ballooning mainly due to revenue write-downs rather than surging spending, with slower economic growth and slumping export prices seeing multi-billion-dollar cuts in.