Podcast E633: Reverse mortgages have a new appeal thanks to low interest rates

Unable to use the embedded player? Listen here.

Show Summary

Thanks to historically low interest rates, reverse mortgages have new appeal for people in or nearing retirement who need cash but can’t afford monthly payments on a loan.

“With retirement, low interest rates usually make everything worse. They make retirement more expensive,” said Wade Pfau, a professor at the American College of Financial Services. “The reverse mortgage is the only tool I’m aware of that benefits from low interest rates.”

Other Stories:

  • 57-year-old nurse with no retirement savings needs a plan.

  • Foreclosure moratorium for FHA-insured loans extended again.

reverse mortgage podcast

reverse mortgage podcast

Leave a Comment

HECMWorld.com uses cookies to improve user-experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Cookies View Policy

Subscribe To Our Newsletter
Be the first to get latest Reverse Industry updates and exclusive HECMWorld.com content straight to your email inbox.
Your information will never be shared.