Should You Look Into a Reverse Mortgage if You Need Funds for Retirement?
The Motley Fool· 2 days agoWhat is a reverse mortgage? You stretch out the cost of buying a home over many years (15- and...
What happens if you inherit a house with a mortgage?
Bankrate via Yahoo Finance· 4 days agoThe same generally applies for a reverse mortgage. Who inherits the mortgage if there isn’t a will? In some cases, a borrower passes ...
This resilient part of the housing market is cracking
Yahoo Finance· 16 hours agoThe pace of sales, though, was 5.8% above year-ago levels. The decrease in activity reverses much of...
Retire in Luxury: 10 Best US Cities for Retirees on a Budget of $5,000 a Month
GOBankingRates via Yahoo Finance· 15 hours agoIf you're looking to retire in a high-cost city like Los Angeles or New York, $5,000 in monthly...
Borrowers Are Feeling the Bite of Rate Hikes; Mortgage Rates Slow Unwinding of Fed Balance Sheet
Morningstar· 19 hours agoBorrowers Are Feeling the Bite of Rate Hikes; Mortgage Rates Slow Unwinding of Fed Balance Sheet By James Christie Good day. Fed officials signaled last week that they plan ...
How Does a Cash-Out Refinance Work?
CNET· 1 day agoWith a cash-out refinance, you replace your current mortgage with a new, larger mortgage. What is a cash-out refinancing? Cash-out refinancing is a loan...
The UK Introduces Repayment Concessions for Residential Mortgages
The National Law Review· 17 hours agoIn June of this year, the UK’s Financial Conduct Authority (“FCA”) introduced rules to allow mortgage lenders to more easily vary contracts in order to allow borrowers to ...
Fed decision to pause rate hikes offers no relief for mortgages: Freddie Mac
FOX Business· 5 days agoChances of homebuyers finding some relief from record-high mortgage rates were dashed after the...
Why Houses Make for Terrible Wealth Transfer Vehicles
Kiplinger via Yahoo Finance· 2 days agoHome may be where the heart is, but after it’s inherited, it’s where heirs have to manage upkeep and...
UK could rejoin EU in a generation, says James Cracknell
Daily Telegraph· 13 hours agoTory candidate James Cracknell has suggested Britain could rejoin the European Union in a...