Reverse Mortgage Providers in Australia - IBISWorld Industry Market Research

Reverse Mortgage Providers in Australia

Reverse Mortgage Providers in Australia - IBISWorld Industry Market Research
Reverse Mortgage Providers in Australia
Published Jul 18, 2014
30 pages — Published Jul 18, 2014
Price US$ 910.00  |  Buy this Report Now

About This Report

  
Abstract:

Reverse mortgages are a relatively new financial product in Australia. The industry is tiny compared with the US reverse mortgage market. Nevertheless, it provides a vital service for retirees and allows them to unlock some of the equity built up in their homes. Over the five years through 2014-15, industry revenue is forecast to grow at an annualised 1.1%. Declining interest rates are the main reason for subdued growth. Although the global financial crisis affected the industry, it can now be considered merely a hiccup in an otherwise fundamentally solid industry. The global financial crisis froze wholesale lending markets, which caused wholesale debt funding costs to skyrocket.

Companies in this industry provide reverse mortgages, which are loans available to seniors that are used to release the home equity in a property as one lump sum or multiple payments.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
Source:
Document ID
OD4206
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Format:
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Reverse Mortgage Providers in Australia" Jul 18, 2014. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Reverse-Mortgage-Providers-in-Australia-2042-3277>
  
APA:
IBISWorld Industry Market Research. (2014). Reverse Mortgage Providers in Australia Jul 18, 2014. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Reverse-Mortgage-Providers-in-Australia-2042-3277>
  
US$ 910.00
$  £  
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