Unable to use the embedded player? Listen here.
EPISODE #779
How tightening mortgage credit may make reverse mortgages more appealing
[Housing Wire]There’s a reason why fewer potential homebuyers and those seeking to tap into their home’s equity may no longer qualify: increasing mortgage interest rates and stubbornly high home prices. Will this make reverse mortgages more appealing?
Other Stories:
- [Finance of America Reverse] Can You Use a Reverse Mortgage to Build an ADU?
- [Reverse Mortgage Daily] Reverse mortgages loans ready to expand in Europe
2 Comments
Hello Shannon, FYI. I had a rate objection come up. I used your previous line from a previous episode. Marry the house, date the rate. I love that phrase. And it worked. Thank you, keep up the good work.
Michael Friedman
That’s great! So good to hear. Thank you, Michael.