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Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 24 hours agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 1 day agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 3 hours agoThe Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to...
GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 6 days agoDepartment of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM)...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 1 day agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
Kristen Sieffert leads the reverse mortgage presence at The Gathering - HousingWire
HousingWire· 6 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 ...
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...
7 Ways To Get Help When You’re Broke in Retirement
GOBankingRates via Yahoo Finance· 2 days agoRetirement should be a time to enjoy your family, travel and relax without financial stress. However, many Americans are increasingly concerned about the...
What Is An Interest-Only HELOC?
Consumer Affairs· 6 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
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 –...