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

A recent event aimed to offer reverse mortgage borrowers impacted by the LA-area wildfires a direct avenue to assistance ...

Credit pressures are mounting for thousands of veteran homeowners as the VA ends a program that helped many avoid foreclosure ...

More seniors are carrying mortgages, sometimes out of necessity but also positives like longer lifespans, and this trend ...

Mother and son in prominent Chicago real estate clan settle lawsuits and force receiver to reverse sale of North Side ...

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

If you default on the loan, the bank can seize the property through foreclosure ... Page 11. National Reverse Mortgage Lenders Association. “Senior Home Equity Stands at $13.95 Trillion.” ...

A home equity agreement is an arrangement where a homeowner sells a portion of the equity in their home to an investor in ...

Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

Once you put money into your house, it’s no longer easy to access. Sure, you could take out a reverse mortgage, home equity loan or HELOC in a pinch. But that’s not always ideal or guaranteed.

ARMs are home loans whose rates can vary over the life of the loan. Unlike a fixed-rate mortgage, which carries the same interest rate over the entirety of the loan term, ARMs start with a rate ...