Will Reverse Mortgages become the norm? According to one retirement expert getting a reverse mortgage may become common amongst future retirees. The shift to younger borrowers may be a result of more Americans reaching retirement only to wake up to the reality that their home is an essential and useful
If you ever question the future market potential of the reverse mortgage, wonder no longer. A recent New York Times Editorial titled “Our ridiculous approach to retirement” paints a sobering reality. The vast majority of Americans have saved less than...
Life can seem like one long stepping stone towards graduation: Fortunately, for elders who want to remain in their own homes as long as possible another kind of graduation exists, thanks to the reverse mortgage. It's a rite of passage that is often overlooked; the decision to age in place….
Mental and emotional health is as important as physical well being for seniors.
Is a reverse mortgage in fact the last safe haven for future retirees? If so why are we not seeing record production? A look at the current state of soon to be retirees, home values and more.
There’s a humorous country song about a man who leaves his wife in their mature years, and how, in response, “she let herself go”
If you bet your life that's a big wager. This is exactly what many retirees are doing today by delaying Social Security payments or getting a reverse mortgage. It comes down to...