Reverse mortgages can unlock big financial flexibility, but some options may work better than others right now.
Consider this exceptional financing opportunity for your home: The lender gives you $58,000 in cash over a 32-month period. When your home is sold a few months later, you owe the lender more than $765 ...
With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...
Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...
The state of Montana may not be a key source of business for the reverse mortgage industry, but that doesn’t negate the reality that seniors who reside there might find the product useful for reaching ...
A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...
As a trusted personal finance writer and mortgage specialist, Maryalene LaPonsie has interviewed hundreds of certified financial planners, CPAs and wealth advisors, and distills their expertise into ...
An appeals court ruled that HEIs are reverse mortgages under Washington state law, impacting Unison and similar providers.
A Barefoot State of Mind: Visit Barefoot’s Doors to Oars Home Tour: Saturdays, Aug. 16, 23 & 30 Erie approves rezoning for Westerly expansion, reducing density and paving way for growth Should I buy a ...