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Can you get a reverse mortgage if you're younger than 62?
CBS News· 6 hours agoIf you're someone who hasn't been able to keep up with bills or who simply wants to take advantage...
Here's when a reverse mortgage makes sense, experts say
CBS News· 6 days agoWith these types of products, your lender pays you out of your home equity. Learn more about your ...
Michigan attorney general reissues reverse mortgage consumer alert - HousingWire
HousingWire· 23 hours ago“A reverse mortgage is a type of home equity loan extended, in most cases, to those who are 62 years...
Reverse mortgages seen as a path forward for lenders - HousingWire
HousingWire· 22 hours agoGuild has previously maintained a reverse mortgage division, but after focusing on growing its overall footprint through various acquisitions over the past ...
30-Year Mortgage Rates Head Higher
Investopedia· 5 days 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.
Reverse mortgage veteran offers advice for bringing new partners aboard - HousingWire
HousingWire· 6 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 ...
What are the potential home equity and tax strategies for wealthy seniors?
HousingWire via Yahoo Finance· 6 days agoIf a wealthy client used a reverse mortgage and gifted the proceeds, there would be no tax liability...
Aging in place, or stuck in place? | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 10 hours agoWhen it came to housing, Susan Apel and Keith Irwin thought they had planned adroitly for later...
FHA loans: Definition, requirements and limits
Bankrate via Yahoo Finance· 7 days agoThere’s no down payment requirement, but you have to have been affected by a Presidentially designated disaster. Home equity conversion mortgage (HECM):...
Get the lowest HELOC rates available in April 2024
CNN.com· 2 days agoIf you’re among homeowners looking to tap home equity, you may be closely watching home equity line of credit (HELOC) rates (and mortgage refinancing...