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Here's when a reverse mortgage makes sense, experts say
CBS News· 2 days agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
30-Year Mortgage Rates Head Higher
Investopedia· 1 day agoAfter a three-day dip, 30-year mortgage rates reversed course to head upwards. Rates were up almost across the board of new purchase loan types, with no averages declining.
Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning
TheStreet.com· 3 days agoNot just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. Remember ...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 4 hours agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program ...
U.S. panic over national debt might mark a culture shift—are Americans becoming more ‘European’...
Fortune via AOL· 12 hours agoAs U.S. citizens swiped their credit cards, took on bumper loans, and applied for mega-mortgages...
US Mortgage Corporation committed to reverse channel, new HECM head says - HousingWire
HousingWire· 3 days agoNew York-based multichannel lender US Mortgage Corporation previously announced that it was renewing its efforts in the reverse mortgage
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 2 days agoAs any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges ...
Is the housing market going to crash? What the experts are saying
Bankrate via AOL· 5 days ago“Prices will remain firm and will not decline on a national level,” he said. Lightbulb Key housing...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 4 days agoThe deal, however, will not include core members of Norcom’s well-known team of reverse mortgage...
What is Home Equity?
Bankrate via Yahoo Finance· 3 days agoReverse mortgage: For those who are 62 and older (or 55 and older with some products), a reverse mortgage offers another ...