The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse ...

A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.

If you applied for your mortgage with a co-borrower or co-signer, the solution is relatively simple: The other party must ...

Using the funds from a home equity loan to make home renovations can make sense if you're planning on aging in place, but you also have other options.

I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...

A bill introduced to the New York state Senate is seeking to bolster the disclosures that reverse mortgage lenders make to ...

Retiring with debt can make concerns about outliving your savings even more pressing because a significant chunk of your ...

Getting extra cash has never been easy, but it can be particularly hard in retirement. There is one area, though, where many retirees have a big advantage over their younger peers: access to a big, ...

CNBC Select reviews Bank of America mortgage offerings, including purchase loans, refinancing, closing cost grants and more.

Don’t believe everything you hear.” This couldn’t be truer when it comes to refinancing reverse mortgages. Many homeowners hesitate to take this step because they’re influenced by common myths and ...

Pros Buyers may be able to build equity through making rent payments. On-time rent payments can boost the buyer's credit score, which can help them qualify for a mortgage once the lease expires.