A home equity agreement is a financial arrangement between a homeowner and an investment company that allows the homeowner to ...

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

Seniors considering the benefits of a reverse mortgage now should first consider the answers to these four questions.

The changing economic landscape could make this July the right time for seniors to pursue a reverse mortgage.

Court and property records show the 75-year-old known as "Mr. Ronnie" had defaulted on a reverse mortgage and faced eviction.

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.

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… ...

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 ...

Disaster survivors must also have an active mortgage or reverse mortgage, and the property cannot currently be in foreclosure. Applications for the CalAssist Mortgage Fund open on June 12, 2025.

With this product, mortgage brokers can typically offer lower initial interest rates and monthly payments compared to a fixed mortgage, giving borrowers the opportunity to save more money.

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