Explore how Trump's proposed tariffs may drive up mortgage rates, impacting homebuyers. Understand the connections to ...
President Trump said he would direct mortgage backers Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds, a ...
Typically, the debt must be paid back upon a borrower’s death or the sale of the home. Reverse mortgages can be risky, ...
This type of mortgage is ideal for many retirees because it provides flexibility and can even help them defer taking Social ...
Average mortgage rates are in the low 6% range, but there are ways to snag a lower rate. Learn about eight strategies for ...
Longbridge Financial, LLC, a leading national lender and servicer specializing in home equity solutions for older Americans, has been named a 2026 Scotsman Guide Top Workplace, recognizing the company ...
Mutual of Omaha led HECM endorsements in 2025 as the reverse mortgage market remained steady despite a lengthy government ...
At 65, she is preparing for retirement and is considering tapping into her own 401 (k) to pay back the reverse mortgage.
NRMLA said the current statute does not align with how reverse mortgages are structured or used by older homeowners.
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 ...
"I think a real good rule of thumb is don't touch the equity in your home unless you need it. And if you are 62+ and you are limited on income, we need to create income to offset Social Security.
If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...