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CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 6 days ago“Sometimes an older consumer is presented with a ‘you-can’t-miss’ sort of investment opportunity,...
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 mortgage& ...
The Pros and Cons of Renting vs. Owning in Retirement
GoBankingRates via AOL· 2 hours agoBy the time you reach retirement age, it's nice to have as few bills as possible, as you may be...
Labour wants you to think the Tories caused the mortgage crisis – don’t believe a word
The Telegraph via Yahoo Finance· 2 days agoBritain is suffering the longest hit to living standards on record as the cost-of-living crisis and...
HUD Updates Home Equity Conversion Rules for Purchases
The National Law Review· 2 days agoDepartment of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-06, announcing...
Conservatives plan to bring back mandatory national service
BBC via Yahoo News· 5 hours ago“This is not a plan – it’s a review which could cost billions and is only needed because the Tories...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days ago“There are only a few times that we had huge drops in mortgage rates,” said Orphe Divounguy, a...
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...
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...
UK inflation slows to near three-year low
Alaska Superstation· 4 days agoBritain's annual inflation rate slowed to a near three-year low in April as energy prices cooled further, official data showed Wednesday, easing a cost...