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GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 5 days agoDepartment of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM)...
What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 6 days agoSeniors could choose to employ home equity through a reverse mortgage or other equity-tapping...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 19 hours agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
What Can I Do About My Brother Living in My Mother’s House and Not Paying Expenses?
TheStreet.com· 7 days agoNavigating familial and legal complexities amidst caregiving duties for a mother in a skilled nursing facility, Harry S. Margolis provides insights into potential actions regarding a
Get the lowest HELOC rates available in April 2024
CNN.com· 2 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...
Worried About Assisted Living Costs? Here Are Your Options
SmartAsset via Yahoo Finance· 5 days agoLong-term care in residential facilities like nursing homes is a financial challenge for many. When...
Kristen Sieffert leads the reverse mortgage presence at The Gathering - HousingWire
HousingWire· 5 days agoFollowing the company’s initial public offering (IPO) and its choice to focus exclusively on retirement solutions, FOA’s acquisition of AAG was a natural way to stake a major claim of leadership ...
Planning Your Retirement? Don't Forget About Home Equity
SmartAsset via Yahoo Finance· 3 days agoHistorically, financial advice has treated homes as a source of wealth. When you buy a house –...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 4 days agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program has been modified ...
Does Medicare cover long-term care costs?
CBS News· 2 days agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...