News

Mortgage interest rates are consistently declining again. Here are three things homebuyers should do in response.
We researched and evaluated rates, customer experience, reputation, and more from leading lenders to help you find the best ...
Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, ...
I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” ...
When most people think about reverse mortgages, they tend to picture someone using the funds to help cover basic living ...
The loan would have to be paid in full, if they decide to keep the home. If they instead decide to sell, “they must repay the ...
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 ...
Types of reverse mortgages HECM reverse, HECM for purchase, Platinum Mortgage (proprietary loan with larger limits and a low age requirement of over 55) ...
The cycle of home buying and selling typically follows a flow from your first condo or shared space rental or purchase to ...
Mutual of Omaha’s reverse mortgage rates vary depending on your home, your age and your credit score, but you can talk to a representative to get an estimate. Apart from the interest, borrowers ...
Marie bought her Arizona home for $340,000 in 2004. When she started considering a reverse mortgage in 2008, the home’s value had risen to $400,000 due to some renovations and market appreciation.