Real estate agents have mixed feelings about Fed rate cut

Real estate agents have white-knuckled their way through more than two years of suffocatingly high mortgage rates that have stymied sales, choked off inventory and pushed home prices to new all-time highs.So what was the reaction from agents when the Federal Reserve surprised everyone by cutting rat

Reverse mortgage lenders are ready for lower interest rates

Like the traditional forward space, the reverse mortgage industry has been operating in an elevated interest rate environment for some time.While news of the Federal Reserve lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5% will have wider economic ramifications

Could AI play a role in aging in place? More companies think so

Artificial intelligence (AI) is becoming an increasingly common tool for consumers and businesses, primarily in reference to chatbots that can dynamically mimic human conversation and gather information. It could also have applications for aging in place, according to the leader of a senior care com

Leading Australian reverse mortgage lender undergoes rebrand

Heartland Bank, the leading reverse mortgage lender in Australia and New Zealand, will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings.“We are excited to deliver the Heartland Bank brand