TOPEKA, Kan. (WIBW) - You see advertising for reverse mortgages everywhere, but are they worth considering? Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to clear up ...

For many retirees, rising living costs and limited income can make financial stability feel out of reach. A reverse mortgage, also known as a home equity conversion mortgage (HECM), may offer a ...

When larger banks stepped out of the reverse mortgage market in the 2010s, Finance of America gobbled up much of the demand to become one of the biggest names in the field. Today, FOA is the ...

News last week that inflation rose in June, following a previous increase in May, was likely not the development millions of Americans were hoping for. In recent years, inflation has spiked the cost ...

The typical monthly payment on a median-priced $440,950 home at today’s 6.75% mortgage rate is roughly $2,288. (That’s assuming a 20% down payment and excluding tax and insurance.) Last week, a median ...

Mortgage rates this week for a 30-year fixed loan fell to 6.67%, down from 6.77% last week. This is the largest weekly decline since early March. So what impact does this have on your monthly mortgage ...

Finance of America Companies helps retirees by offering a range of home financing options, including reverse mortgages and home improvement loans as well as home-sharing services. As of April 2023, ...

Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...

PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...

Late last week in an email update to its members, the National Reverse Mortgage Lenders Association (NRMLA) announced that reverse mortgage software pioneer Jerry Wagner, founder of Ibis Software, ...

What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living expenses. For retirees ...