Search results
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 7 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 2 days agoBy purchasing these second mortgages...would encourage lenders to offer more of these products,...
The High-Class Problem That Comes With Home Equity
New York Times· 5 days agoYou may feel richer as you pay your mortgage down and home values go up. Saving for retirement, on the other hand, is not mandatory. A retirement account...
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance -...
HousingWire· 9 hours ago“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide...
Should I buy a house now, or wait?
Bankrate via AOL· 9 hours ago“If a buyer finds a property they would like to call home, they should not delay,” says Stacey...Melissa Cohn, regional vice president of William Raveis...
Today's mortgage rates hold steady for 30-year terms | May 21, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 6.875% as of May 21, which is unchanged from...
Private Credit Has Too Much Cash and Not Enough Places to Put It
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- Private credit’s historic rise is creating a problem that most asset managers would...
A Baby Boomer's Guide to Credit Scores | Bankrate
Bankrate.com· 3 days agoBaby boomers have a long credit history behind them. With an average score of 742, many boomers who have spent a lifetime saving and paying off debt are ...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GoBankingRates via AOL· 5 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
A Gen X's Guide to Credit Scores | Bankrate
Bankrate.com· 3 days agoMembers of Generation X (Gen X), born between 1965 and 1980, have experienced the impact of credit scores on their financial lives. With ...