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How do you pay back a reverse mortgage?
Bankrate via Yahoo Finance· 2 days agoKey takeaways Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse ...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 6 days agoRoyster said that for a senior homeowner seeking access to additional cash, there is no one right...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’
HousingWire via Yahoo Finance· 5 days agoInterest rates also further complicate matters if the homeowner has a more beneficial mortgage rate...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 2 days agoThe program allowed allows seniors to purchase a new home that better suits their needs without the...
The Pros and Cons of Renting vs. Owning in Retirement
GOBankingRates via Yahoo Finance· 2 hours agoBy the time you reach retirement age, it's nice to have as few bills as possible, as you may be...
Movement Mortgage names Joe Thompson as regional director - HousingWire
HousingWire· 2 days agoMovement Mortgage, a multichannel mortgage lender, has appointed Joe Thompson as its new regional...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days agomortgage is more or less the norm, with 4% the outlier. “There are only a few times that we had huge...
Can retirees afford long-term care insurance?
CBS News· 5 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...
Clarity? In this economy?
NBC NEWS· 56 minutes agoJim LaPointe knows that how the economy feels “depends on your perspective.” While Home Depot said earlier this month that customers are increasingly...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 7 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...