A reverse mortgage allows seniors to access cash from the equity they've amassed in their home. It can be an appealing prospect: You retain ownership of the property and the funds don't have to ...

I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...

Roberto Jimenez Mejias / Getty Images If you’ve ever seen an advertisement for reverse mortgages, odds are it involved a home equity conversion mortgage (HECM). These federally insured loan ...

One dozen eggs in America now costs $4.15 — and $14.35 for a pound of sirloin steak. Both record highs. 3 simple ways to ...

Don’t believe everything you hear.” This couldn’t be truer when it comes to refinancing reverse mortgages. Many homeowners hesitate to take this step because they’re influenced by common myths and ...

Many people aged 62 or older are “house-rich and cash-poor.” They’re free of house debt but their income is limited. A reverse mortgage may allow some to take advantage of their house as an ...

For senior homeowners, one viable option is a reverse mortgage, which is a unique type of mortgage that allows individuals aged 62 or older to convert a portion of their home equity into cash.

The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse ...

FOA is optimistic about its prospects going forward after consolidating its workforce and technology stack under one company, ...

Retiring with debt can make concerns about outliving your savings even more pressing because a significant chunk of your ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...