CNBC Select reviews Finance of America, a leader in the reverse mortgage market with a wide assortment of options.

Canada’s mortgage market is changing all the time, but we keep track of the best rates. Bookmark this page to find the best ...

Retirees have options, but which income tool should you choose? Here's what to know before locking in a strategy.

The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

Mortgage Interest Deduction Requires Direct Payment Reverse mortgages do not require monthly payments, which means interest typically accrues over time.

Homeowners with a reverse mortgage can continue to deduct property taxes on their federal income tax returns, provided they itemize deductions on Schedule A.

With Hawaiʻi’s high cost of living and competitive real estate market, many local homeowners, especially kūpuna are exploring reverse mortgages as a way to tap into their home equity while ...

Miniature House with keys Loangevity Mortgage When done right, a reverse mortgage can extend the life of a retirement portfolio, reduce tax burdens, and create flexibility for seniors who want to ...

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… ...

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.