Freddie Mac’s rate for a 30-year fixed rate loan averaged 6.77% for the week ending June 26. Rates have decreased for the past five weeks.

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.

Mortgage rates seem to have a mind of their own — sometimes rising when you'd expect them to fall. Learn how the Fed rate affects home borrowing costs for smarter financial decisions, plus actionable ...

As debate rages around 'de-dollarization' and the world's appetite for dollar-denominated assets, one major cohort of overseas investors appears to be quietly backing away from U.S. securities: ...

Retirement savers who fail to shop around when buying an annuity could be missing out on hundreds of pounds a year, according ...

Homeowners insurance policies can be canceled or not renewed due to various reasons, such as missed payments, changes in ...

Reverse mortgages are specialized home equity loans for homeowners age 62 and up. A reverse mortgage gets its name because instead of the homeowner making payments to a lender… ...

Boomers, your reverse mortgage could drain generational wealth—learn smart strategies to pay it off and protect your family’s financial future.

Boasting over 200 branches across 32 states, San Diego-based Guild Mortgage leveraged its 2023 acquisition of Cherry Creek Mortgage to grow its reverse mortgage business, which it's rebranded as ...

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.

When reverse mortgages first showed up on her radar, she found herself with a natural aversion to them, according to an interview with HousingWire ’s Reverse Mortgage Daily (RMD).