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

Renting and buying a home both have advantages and disadvantages that can impact your lifestyle and finances.

Retirement advisors suggest a contribution strategy to help you reach your retirement income goal. If you've always wanted to ...

For most people with a mortgage and offset account, the goal is to maximise cash in the offset in order to reduce the interest they pay on their home loan. A strategy some swear by, to achieve ...

A longtime retirement researcher weighs in on the possible benefits of property tax deferrals for older homeowners.

Read more: What are the pros and cons of a reverse mortgage? Reverse mortgages have a long history. Originating in 1961, they gained US federal government backing in 1988 through the HECM program.

Here are some of the questions a good retirement advisor can answer: If you've always wanted to understand the pros and cons of long-term ... been curious about how reverse mortgages work ...

Accelerated amortization is a process by which a mortgagor makes extra payments toward the mortgage principal. With accelerated amortization, extra payments allow a borrower to pay off a mortgage ...

All reverse mortgage borrowers must complete a counseling session with a Department of Housing and Urban Development-approved counselor. During this session, you’ll learn the pros and cons of ...