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Reverse mortgage professionals react to H4P rule changes - HousingWire
HousingWire· 1 day agoAfter the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase...
Can you get a reverse mortgage if you're younger than 62?
CBS News· 2 days agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
GAO highlights reverse mortgage counseling in new report - HousingWire
HousingWire· 6 days agoDepartment of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM)...
Macklem defends Bank of Canada's two per cent inflation target at Senate committee
Financial Post via Yahoo Finance· 8 hours agoSenators also questioned the central bankers on whether monetary policy had pushed Canada into a...
Kristen Sieffert leads the reverse mortgage presence at The Gathering - HousingWire
HousingWire· 6 days agoFollowing the company’s initial public offering (IPO) and its choice to focus exclusively on retirement solutions, FOA’s acquisition of AAG was a natural way to stake a major claim of leadership ...
Does Medicare cover long-term care costs?
CBS News· 3 days agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 2 days agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
Fed Says Inflation Progress Has Stalled and Extends Wait-and-See Rate Stance
The Wall Street Journal· 11 hours agoThe 30-year fixed-rate mortgage stood at 7.17% last week, up from 6.61% at the end of last year,...
What Is An Interest-Only HELOC?
Consumer Affairs· 7 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
FOMC holds rates in place and will slow balance sheet drawdown
Reuters via Yahoo Finance· 14 hours agoThe Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to...
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