Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity ...

A reverse mortgage allows older homeowners to get cash ... appealing to homeowners with or bad credit. There are unique risks, however: When the loan is due, you or your heirs will be faced ...

While you might assume that retirement coincides with paying off your mortgage, times are changing. A growing share of ...

This story was originally published by the Illinois Answers Project as part of their series Making it in Chicago: Detours and ...

Reverse mortgage flip the traditional lending model ... they’re considered an expensive way to borrow and come with risks that include the potential loss of your home. In this article, we ...

Dear Liz: Please write about the issues people can face when they have a reverse mortgage and need to move out to get long-term care. My mother, who is now 94 and lives on a small teacher’s ...

COLA increase might be just 2.4%—the lowest in years. Here’s how shrinking Social Security raises housing risks for retirees.

Reverse mortgage types also differ in how they allow ... Most scenarios won’t be that dramatic, but those are the kinds of risks associated with reverse mortgages. Once that equity’s gone ...

What are the risks? Because it offers easy-to-access ... than first mortgages. . If you’re over the age of 55, a reverse mortgage allows you to take out 55% of your primary home’s value.

What could be wrong with the FCA’s assertion that it wants to make it "easier, faster and cheaper" for borrowers to change ...