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Is a Reverse Mortgage a Good Idea?
GoBankingRates via AOL· 11 hours agoHomeownership is the foundation for many financial outlooks or the jumping-off point for what money moves you can make in retirement. Borrowing against...
U.S. mortgage rates fall again, further below 7% - Dayton Business Journal
The Business Journals· 3 hours agoFreddie Mac reports the 30-year fixed mortgage rate averaged 6.95% for the week ending June 13 —...
Two major reverse mortgage lenders to sponsor financial planner conference - HousingWire
HousingWire· 3 days agoPlano, Texas-based Finance of America (FOA), currently the industry leader in the reverse mortgage...
Reverse mortgage consumer complaints decline on a yearly basis: CFPB - HousingWire
HousingWire· 5 days agoThere were a total of 131 consumer complaints submitted to the Consumer Financial Protection Bureau...
Liberty Reverse parent completes rebrand to Onity Group - HousingWire
HousingWire· 6 days agoThe parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its...
Home equity is near a record high. Tapping it may be tricky due to high interest rate
NBC Chicago· 6 days agoHomeowners with mortgages have $17 trillion in home equity, near a record high, according to...
New Zealand mayor slammed for recommending reverse mortgages - HousingWire
HousingWire· 4 days agoA mayor in a region of New Zealand, who recently suggested using reverse mortgages to fund various cost-of-living increases faced by the nation’s retirees ...
South River president on reverse mortgage business, data science and priorities - HousingWire
HousingWire· 3 days agoTyler Plack: We just finished out May, and I thought the May results were very good. The reception...
How to find the best FHA mortgage lender
Bankrate via AOL· 6 days agoARMs begin with a lower fixed rate that lasts from three to 10 years. After that, the rate periodically adjusts. Home equity conversion mortgage (HECM):...
What the Fed’s continued rate pause means for homebuyers and sellers
Bankrate via AOL· 4 days agoThe central bank raised rates 11 times in 2022 and 2023, with the expectation that it would reverse...