The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse ...
A bill introduced into the Oregon Senate could potentially halt the availability of proprietary product offerings in the ...
I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...
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 ...
A HELOC will generally be better for more homeowners in 2025 for a simple reason: it doesn't come with the same age restrictions that a reverse mortgage does. But that's not the only reason why it ...
If you applied for your mortgage with a co-borrower or co-signer, the solution is relatively simple: The other party must ...
Retiring with debt can make concerns about outliving your savings even more pressing because a significant chunk of your ...
Goran13 / Getty Images Reverse mortgages are a way for homeowners 62 years and older to draw an income (either in installments, a lump sum, or a credit line) against the equity they have built up ...
If you qualify, you can borrow against that equity to access cash. Three common avenues for doing so are reverse mortgages, home equity loans and cash-out refinancing. A reverse mortgage is a loan ...
The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.
As a growing number of Canadians retire with mortgages, some are turning to reverse mortgages to tackle that debt. Reverse mortgages are still a niche product, but the business has grown rapidly ...
A reverse mortgage is a loan, and an annuity is insurance Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing ...