Longbridge cuts its proprietary reverse mortgage rate to 7.99% and raises the principal limit factor to help seniors tap more ...

HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.

(NewsNation) — Reverse mortgages are one way for older homeowners to borrow money against their home equity without having to sell, but they can also be financially risky. If you’re 62 or older, you ...

These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...

Timing is everything, and when it comes to making financial decisions, it can be the difference between success and failure. For many seniors and older homeowners, many of whom are tied to limited ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

NEW ORLEANS (WVUE) - With property insurance costs in Louisiana spiraling out of control, seniors are increasingly turning to reverse mortgages for financial relief. Alison Calamaia at America’s ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.

Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...

While selling part of your home and buying an RV to travel across the United States seems like a retiree's dream, it could ...

Sometimes the path to a better retirement isn’t about working more or saving harder. It’s about unlocking the resources you ...