For many older Americans, the house they’ve spent a lifetime paying off might now be their biggest source of untapped cash.

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...

Freddie Mac’s rate for a 30-year fixed rate loan averaged 6.77% for the week ending June 26. Rates have decreased for the past five weeks.

With a reverse mortgage, you don’t make monthly loan payments. Instead, the loan balance grows over time as interest and fees ...

The Michigan Department of Insurance and Financial Services (DIFS) is participating in National Homeownership Month by sharing tips and providing information about mortgage options for Michiganders co ...

SAO PAULO (Reuters) -The executive secretary of Brazil's finance ministry, Dario Durigan, acknowledged on Tuesday concern ...

(July 23-Aug. 22) ★★★★★ Today you feel pleasant and lighthearted. You’ll enjoy social contacts with others. In particular, you will feel affectionate toward loved ones, which is why you will be ...

Does anyone pay with cash anymore, or actually have the money in their bank account? Credit card debt is now $1.1 trillion. There is even a credit card just for automotive repairs! With those “Buy Now ...

Freedom Debt Relief takes a deep dive into whether you should aim to become debt-free before you retire and helps you make a ...

While only a fraction of her clients use them, Rachel Gustafson says that reverse mortgages are a useful tool for those with specific needs.