A reverse mortgage can help by giving you access to a lump sum of cash or a line of credit you can tap when needed for these types of costs. This can be especially valuable for covering out-of ...

It’s an unfortunate thing that many seniors reach retirement age with very little savings. So if you get to that point and need money, you may be inclined to sign up for a reverse mortgage. In ...

While the majority of first-timers take out a conventional mortgage, nearly a third financed their purchases with FHA loan, according to Lautz, and one in 10 used a VA loan. Those mortgages allow ...

As property values rise, more Americans are looking to unlock their home's equity, but choosing the wrong option could be ...

This is according to Wade Pfau, professor of retirement income at the American College of Financial Services. Pfau spoke with HousingWire ’s Reverse Mortgage Daily (RMD) about the potential role ...

I took out a reverse mortgage, and my current interest rate is 6.75%. I have about $325,000 equity in my home currently, with a reverse-mortgage payoff amount of around $200,000.

Reverse mortgage industry performance metrics continued their 2025 softness on the basis of endorsement volume and securities issuance, February data shows. Home Equity Conversion Mortgage (HECM ...

The Truth About the CFPB’s Mortgage Rules Policymakers need to stop pretending that ever-expanding mortgage leverage is the solution. March 17, 2025 2:01 pm ET Share Resize ...

Jake Safane has nearly 15 years of journalism and marketing experience on topics ranging from local entrepreneurship to international banking. He has written for publications such as The Economist ...