The simple act of withdrawing money during the downturn not only becomes a taxable event, but it's also going to be an erosion event. If you have another bucket, the reverse mortgage line of credit, ...

A no-closing-cost refinance gets rid of the need to pay refinancing fees upfront, but it’s not free. Instead, you’ll finance ...

Reverse mortgage lenders are making moves in early 2025 while business is humming — though not booming — in the early months ...

NRMLA submitted a comment to the Washington state senate on a bill with reverse mortgage guidance for a foreclosure mediation ...

What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and ...

For retirees who own their home and want to stay living there, but could use some extra cash, a reverse mortgage is a viable ...

It’s an unfortunate thing that many seniors reach retirement age with very little savings. So if you get to that point and ...

Banks love finding new ways to squeeze extra fees out of customers, often disguising them as “conveniences.” After being charged a $5 online service fee, one borrower decided to turn the bank’s nickel ...

There’s a lot of buzz about reverse mortgages, including commercials featuring celebrity spokespeople painting a rosy picture ...

When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.

Higher interest rates compared to traditional mortgages and some HELOCs. Fees that could add thousands of dollars to the cost of your reverse mortgage. Exchanges long-term equity growth for short ...

Mortgage product fees are rising while cashback options are dwindling – signalling that the market is subtly becoming more expensive, Moneyfacts analysis shows. The average fee currently stands at ...