How Your Mortgage Needs Change Over a Lifetime
While any home loan might be the right choice for any age, a homeowner’s mortgage needs tend to change over a lifetime. Here’s a look at which loans appeal most to people who are just starting out,...
View ArticleWith Housing Rebound, Home Equity Could Be Part Of Your Retirement Plan
With home prices rebounding in the U.S., many people may once again find their home the most valuable investment on their net worth statement, but generally home equity isn’t taken into consideration...
View Article16 Types of Mortgages
When it comes to buying a home, you may think that your only option is a 30-year, fixed rate mortgage. But there are plenty of options out there. Here’s a basic overview of 16 types of mortgages, some...
View ArticleWhy You Won’t Get as Much Out of a Reverse Mortgage Now
The U.S. government is putting tighter restrictions on reverse mortgages, reducing the amount of equity homeowners can access through reverse mortgage deals. In a reverse mortgage deal, homeowners 62...
View ArticleDo your homework on reverse mortgages
I often hear about reverse mortgages being advertised on television. For senior citizens it seems like a great idea — get a monthly income and stay in the home. As usual, all is not as it appears. In...
View Article3 ways a reverse mortgage can leave you homeless
When it comes to reverse mortgages, inflation should be one of your top concerns. Over time, inflation can eat away at the value of your annuity benefits or yield on a bond, but that’s the worst that...
View Article2 New Reverse Mortgage Rules For Couples
New reverse-mortgage rules kicking in Aug. 4 should provide peace of mind to married couples considering taking out these loans. Reverse mortgages (home loans for people 62 and older that let them...
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