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To emphasize flood insurance costs, senator cites reverse mortgage borrower - HousingWire
HousingWire· 7 hours agoWith flood insurance premiums commanding ever-higher prices, a U.S. senator recently described a...
Reverse mortgage volume, securities issuance improve further in May - HousingWire
HousingWire· 6 hours agoGood numbers are always encouraging but must be taken in concert with broader business realities,...
Beyond the Basics: 10 Powerful Benefits of Reverse Mortgages
TheStreet.com· 2 days agoWhat would retirement be like if you didn’t have to make a monthly loan payment? Imagine the financial freedom you could achieve if you no longer had to make a monthly < ...
What Seniors Need To Know About Reverse Mortgages—From Taxes To Catches
Forbes· 6 days agoThe program was initially designed to "meet the special needs of elderly homeowners by reducing the...
NAF’s Shannon Robinson updates the status of reverse mortgage business in 2024 - HousingWire
HousingWire· 6 days agoMultichannel lender New American Funding (NAF) is going big on reverse mortgages. To get a better...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
FOX Business· 4 days agoMortgage rates reversed course this week and headed north of 7% again, following several weeks of...
HELOC Blues? New Options for Managing Home Equity
TheStreet.com· 15 hours agoWith higher interest rates causing borrowing costs to rise, homeowners are hesitant to sell and give up their favorable low rates. The percentage of homebuyers with interest rates below 6% has ...
Mortgage rates reverse 3-week slide, rising back above 7%
OregonLive.com· 5 days agoThe average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at...
Acting Ginnie Mae president comments on ’HMBS 2.0’ - HousingWire
HousingWire· 4 days agoGinnie Mae, which manages the government-guaranteed portfolio of forward and reverse mortgage-backed...
March reverse mortgage data shows retail outpaced wholesale - HousingWire
HousingWire· 4 days agoHome Equity Conversion Mortgage (HECM) endorsements declined by 4.2% in March, a dynamic primarily...