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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 ...
Norcom Mortgage’s core reverse team elects not to join CMG Financial - HousingWire
HousingWire· 4 days agoEarlier this month, California-based multichannel mortgage lender CMG Financial announced that it...
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
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 3 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 ...
What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 2 days agoSeniors could choose to employ home equity through a reverse mortgage or other equity-tapping...
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 ...
What Lenders Should Do Now to Capitalize on a Potential Refinance Rebound in 2024
RISMedia Real Estate News· 4 days agoDuring the height of the COVID-19 pandemic in 2020 and 2021, average 30-year mortgage rates in the...
When to use home equity for spring repairs (and when not to), according to experts
CBS News· 4 days agoBorrowing money for home repairs and other projects this spring can be very expensive. For example,...
‘Aging in Place, or Stuck in Place?’
New York Times· 7 days agoHomeownership is not the boon to older Americans that it once was. When it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly...
I paid off my mortgage before retiring - but now I'm trapped in my home
The US Sun· 4 days agoThe couple, both of whom are 71, paid off their mortgage before retiring so the home equity would...
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