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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 reverse ...
CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 6 days agoIn addition, if a consumer has concerns or questions about a reverse mortgage, a loan product, they...
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· 2 days agoThe program allowed allows seniors to purchase a new home that better suits their needs without the...
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 agoHomebuilders are offering incentives. One is a rate buydown. A buydown might lower a 7% mortgage...
HECM study examines borrower trends over two decades - HousingWire
HousingWire· 2 days agoThe study, released late last year, examined three core elements of HECM program effectiveness...
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...
3 ways to borrow $10,000 of home equity (and 2 ways to avoid) right now
CBS News· 3 days agoIn today's high interest rate environment, credit cards, personal loans and standard lines of credit...