by Steve G | Jun 27, 2023 | Finance, Retirement, Reverse Mortgage
The reverse mortgage products offered today provide multiple ways to access home equity and almost unlimited ways to use the funds. Here are eight of the most popular ways to use funds from a reverse mortgage: Paying off Debt Reverse mortgages can be used to pay off...
by Steve G | Jun 7, 2023 | Finance, Housing
Content contributed by Choose Reverse, NRMLA, Statista, Longbridge and FHA: Baby Boomers are sitting on trillions in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA). These homeowners are seeking different retirement solutions to...
by Steve G | Jun 1, 2023 | Finance, Housing
There has been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s home buyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than...
by Steve G | Jun 1, 2023 | Finance, Housing, Reverse Mortgage
By Matt Egan, CNN: Updated 2:07 PM EDT, Thu May 25, 2023, Image by: gpointstudio/iStockphoto/Getty Images/FILE CNN — In the latest sign of economic pessimism, Americans are growing increasingly concerned they won’t be able to retire comfortably, according to a...