A new tax break aimed at seniors may lighten the load on retirees’ Social Security income, but it’s not as sweeping or ...

A Calistoga city councilmember is being sued for allegedly “cajoling” an 84-year-old woman in cognitive decline to take on a ...

If you inherit a home with a mortgage, then you also inherit that mortgage. You likely have options — for example, taking ...

A reverse mortgage is a financial product designed specifically for senior citizens, allowing them to convert part of their ...

HELOC vs. reverse mortgage: What seniors should consider now Eligible senior homeowners who are considering borrowing against their home's values can look into a home equity line of credit or a ...

While there's no way around the high cost of retirement, there are some strategies you can try to build your savings more quickly. Applied diligently, they may be enough to help you catch up to your ...

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.

A federal judge in Texas removed a Biden-era finalized rule by the Consumer Financial Protection Bureau that would have ...

Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity loans.

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors ...

PHH Mortgage launches EquityIQ®, a proprietary reverse mortgage product for seniors, enhancing access to home equity.

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.