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.

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 ...

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 ...

We researched and evaluated rates, customer experience, reputation, and more from leading lenders to help you find the best reverse mortgage for your needs.

Reverse mortgage expert George Vrban practices what he preaches, using a reverse mortgage as a strategic tool for long-term retirement planning—not out of financial need.

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

As more private-label reverse mortgage products are introduced, we asked some key providers if they see issues in being able to stand out.

CNBC Select reviews Longbridge Financial, a leader in the reverse mortgage market with low rates and a robust online presence.

Imagine this scenario: Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, especially since the loan comes with a hefty interest ...

Medicaid plays a vital role in many rural communities that favored President Trump in the 2024 election. But residents still seem open to Republican plans to cut perceived waste in the program.