Despite having pension plans a majority of surveyed public employees are worried they won’t have enough money for retirement.
Continue readingSurvey shows public employees worried they won’t have enough money to last in retirement
What in the world is propping up home prices?
Against a backdrop economic uncertainty home prices have been surprisingly resilient. That’s good news for older homeowners and bad news for would-be homebuyers.
Continue reading10-Year CMT Climbs After Fed Funds Rate Cut
Since the Federal Reserve cut its benchmark interest rate on September 18th the 10-year Constant Maturity Treasury rate has climbed from 3.70% to 4.20%- a jump of 50 basis points…
Continue readingA Reverse Mortgage Vacation
What’s a reverse mortgage vacation? If you’ve never heard of such a thing Harlan Accola explains…
Continue readingA Guide to Downsizing for Retirees
Older homeowners have a myriad of reasons for downsizing their home. Here’s Bank Rate’s guide to what older homeowners should consider…
Continue readingFHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle
Here’s what FHA Commissioner Julia Gordon had to say about the HECM program, it’s value, and the importance of industry standards…
Continue readingBoomer Struggles After Retiring to Care for Ailing Wife
The National Reverse Mortgage Lenders Association Annual Meeting & Expo last week was notable for many reasons- most remarkable was the announcement of a major change in the association’s management and leadership.
Continue readingHere’s Where Home Equity is Rising & Falling
Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue readingBarrons: A RM May Be Good for Those Short of Cash
Barrons reports some advisors are touting a different approach to help retirees meet future cash needs: a reverse mortgage line of credit.
Continue readingWhat’s the Plan for Lower Interest Rates?
Wall Street isn’t the only entity anticipating interest rate cuts. Here’s what some industry leaders have to say about the potential for HECM originations.
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