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CFPB official talks reverse mortgage safety, counseling resources
HousingWire via Yahoo Finance· 2 days ago“There, scammers try to convince the reverse mortgage borrower to sign a power of attorney that...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA Today· 2 hours agoIn a recent poll, 71% of potential first-time homebuyers said they won’t enter the market until...
Why equity-tapping challenges may make reverse mortgages ‘inevitable’ - HousingWire
HousingWire· 20 hours agoTraditional equity-tapping methods — such as selling the home or taking out a home equity loan —...
What are the pros and cons of a reverse mortgage, and is it right for me?
CNN.com· 5 days agoTapping your home’s equity with a reverse mortgage may sound like the ideal way to supplement your...
How industry forecasters see 2024 shaping up
HousingWire via Yahoo Finance· 1 hour agoEconomists at Bank of America and the Mortgage Bankers Association have new forecasts for this year and next. We look at mortgage rates, origination...
Financial Services Roundup: Market Talk
The Wall Street Journal· 4 hours agoOngoing inflation, which rose at its slowest pace in three years in April, as well as high interest rates, have led to increases in mortgage payments for...
FOA’s Resch on the evolution of reverse mortgages for financial planning - HousingWire
HousingWire· 5 days agoAdvisers have read this, and they are hearing the messaging. One thing about advisers is that they...
Graham Stephan: 4 Things To Know About the Reverse Housing Crash of 2024
GOBankingRates via Yahoo Finance· 2 hours agoOwning a home is part of the American Dream. But for many, it's become even further out of reach....
Should I use a home equity loan to buy a car?
Bankrate via Yahoo Finance· 5 days agoFor one, you might end up needing that equity in an emergency. For another, you might find you’ve taken on too much debt, in-between your first mortgage...
7 better ways to pay for your parents' long-term care
CBS News· 7 days agoAs your parents age, the likelihood increases that they will eventually need long-term care services...
