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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 1 day agoKey takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 5 days ago“There, scammers try to convince the reverse mortgage borrower to sign a power of attorney that...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 4 days agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 1 day agoThe program allowed allows seniors to purchase a new home that better suits their needs without the...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days ago“That gives you time to, first of all, scope out neighborhoods and commuting times and where the...
Looking to buy a home? More houses are on the market, but rising mortgage rates a hurdle
Tulsa World· 6 days agoLooking to buy a new home? Here’s what to know about the current housing market as the spring...
Can retirees afford long-term care insurance?
CBS News· 4 days agoCompare your options among leading long-term care insurance companies now. Of course, your actual cost will depend on the features of the insurance...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 2 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 6 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Older Americans are ‘splurging’ on home modifications to support aging in place
HousingWire via Yahoo Finance· 3 days agoReverse mortgage companies in the past have engaged in renovation partnerships, and they have...