For every problem there’s a solution—sometimes more than one.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

You worked hard for your home; let it work for you. Compare reverse mortgage pros and cons with the ease of selling as-is in retirement.

Sarthak Ahuja explains how a reverse mortgage could deliver a steady pension for retirees who own a house but lack a ...

My in-laws are in their 80s and on limited social security. My mother-in-law loves to spend, spend, spend and has always been that way. My father-in-law is tight with his money, but has ...

The Fed just cut rates. But don't expect mortgage rates to immediately follow suit. Here's why home buyers may not see ...

A cash-out refinance replaces your current mortgage with a new, bigger one and converts the difference between the two ...

Under a reverse mortgage, a senior citizen aged 60 or older can pledge a fully owned residential property to the bank in ...

Your home may be worth more on paper, but rising inflation could be eating away at your wealth. Here's how equity erosion ...

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Gen Z is facing a "catastrophic" credit situation, as one expert cautions against poor money habits leading to a lifetime of higher costs and fewer financial choices.

Home equity loan rates are also typically lower than the rates offered on credit cards or personal loans, but they may be ...