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When is a reverse mortgage the best home equity option? Experts weigh in
CBS News· 2 weeks agoOne home equity option many older homeowners are considering is a reverse mortgage, which allows...
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 2 weeks agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
How do you pay back a reverse mortgage?
Bankrate via AOL· 3 days agoKey takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse ...
Newsweek turns eye toward reverse mortgage pros and cons - HousingWire
HousingWire· 4 days agoAlso listed as pros include the variety of potential...expenses or cash flow on a fixed retirement...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 1 week ago“They can look at other ways to lower expenses. They can also look at other home equity options that...
Norcom's Former Reverse Mortgage Team Joins Supreme Lending
National Mortgage Professional· 2 weeks agoThe Conn.-based Norcom Mortgage’s former reverse mortgage team is joining Texas-based Supreme...
Vacation-Home Buyers Retreat Amid Soaring Interest Rates
Benzinga via Yahoo Finance· 1 week agoMortgage applications for vacation properties plummeted 40% in 2023, according to a Redfin report...
New-Home Construction Rebounds in April Despite Higher Mortgage Rates
San Francisco Chronicle· 1 week agoConstruction of new homes ticked up last month despite higher mortgage rates, partly reversing a...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 6 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
Are reverse mortgages for purchase a ‘sleeping giant?’ Pros are split - HousingWire
HousingWire· 5 days agoDepartment of Housing and Urban Development (HUD), the Home Equity Conversion Mortgage (HECM) for...
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