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Montana aims to remind seniors about its ‘reverse annuity mortgage’
HousingWire via Yahoo Finance· 4 days ago“Reverse Annuity Mortgages scare some seniors because of scams that have taken place by some...
When Does a Reverse Mortgage Make Sense? A Look at the Pros and Cons
US News & World Report· 5 days agoReverse mortgages can be good for aging in place and supplementing retirement income. Reverse mortgages are loans ...
Social Security's 2025 Cost-of-Living Adjustment (COLA) Is on Track to Do Something That Hasn't...
Motley Fool via Yahoo Finance· 3 days agoEven a rare occurrence for Social Security's cost-of-living adjustment (COLA) may not stop seniors...
CFPB takes enforcement action against former HECM servicing contractor
HousingWire via Yahoo Finance· 7 days ago“This caused systematic failures to respond to thousands of homeowner...including losing out on home...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 2 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
Conversion mortgages can help senior homeowners use their frozen equity to downsize.
Salt Lake City Weekly· 6 days agoDid you know that the root words for "mortgage" are the French mort (meaning death) and gage (pledge)—which literally means a death pledge? Wouldn't it be nice to not have ...
Does My Retirement Income Count as Income for Social Security?
SmartAsset via Yahoo Finance· 5 days agoDeciding when to take Social Security benefits is one of the most important questions to answer in...
Should retirees use their homes to pay bills?
Bankrate via Yahoo Finance· 6 days agoReverse mortgage If you’re 62 or older, you might consider using a reverse mortgage to tap into your home equity.
FTSE 100 Live 25 June: Nvidia stock rises after three day drop, Airbus warning hits London shares
Evening Standard via Yahoo Finance· 1 hour agoNvidia shares are in focus after the tech giant’s reversal in fortunes continued last night. The...
Home equity levels are near record highs. Here are 5 ways to access it.
CBS News· 7 days agoThanks to a mix of sustained demand and low inventory levels, the average homeowner has experienced...