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Why growth of reverse mortgages is surging despite rapid rise in interest rates
Weely Real Estate News
“Bank of Mom and Dad” Increasingly Turning to Reverse Mortgages for Downpayment Gifts
Source: Storeys — The “Bank of Mom and Dad” — older homeowners who dip into their own wealth to help their Millennial-aged kids rustle up a home downpayment — has long been a presence […]
Economy
US inflation slows to 3% as interest rate rises bite
US inflation fell sharply to 3 per cent in June, sending the dollar lower and highlighting the Federal Reserve’s relative success at bearing down on price pressures. The improved picture in Wednesday’s data stands in […]
Economy
Mexico’s economy to slow in step with US growth moderation – Reuters poll
BUENOS AIRES, July 24 (Reuters) – Mexico’s economy will likely slow in step with an expected moderation of growth in the United States, but the decline could be limited by increased investment from companies relocating […]