Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Older adults face distinct financial challenges as they approach their retirement years, especially if their income declines. Fortunately, if they've gained equity in their homes, they can take out a ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Mortgage rates today are holding at 6% for 30-year loans. Here’s what’s driving the trend and whether it’s time to lock in.

When George Vrban recently took out a reverse mortgage himself, some eyebrows were raised. But his decision wasn’t born out of financial desperation — it was part of an overall strategic retirement ...

RMD and Allen spoke on the sidelines of the recent National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California. He explained what has been done so far, what he ...

Most homebuyers don’t realize how much they could save by getting more than one mortgage quote. But research shows it can make a real difference for your wallet. According to Freddie Mac’s 2025 report ...

A half-point dip may not be enough to offset closing costs. Here's the magic number that makes refinancing pay off.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. A ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...