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I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...
However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. A reverse mortgage is for homeowners age 62 or older who want to tap into their home equity.
Wade Pfau talks about the HECM line of credit as a "buffer asset," in light of this week's tariff-induced market volatility.
AJ_Watt / Getty Images When you’re shopping for a regular mortgage, the annual percentage rate (APR) is an important figure to consider. Reverse mortgages also have a stated interest rate ...
Platinum Peak aims to offer higher LTVs for borrowers, with Longbridge saying it could help those who previously came up ...
Below, industry professionals explain what you should know about reverse mortgages and how they impact generational wealth. Unlike a traditional loan, a reverse mortgage doesn't require you to ...
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.
"While a reverse mortgage can be a great option, interest rates are typically higher than traditional mortgages, and upfront costs can be significant," explained Lewis. "Make sure you understand ...