There’s another housing affordability crisis that has nothing to do with purchasing a home. A fresh look a homeownership in America— a dream that has become a nightmare for many senior homeowners.
Continue readingWhy Mortgage Rates Remain High
Here’s why despite three recent rate cuts by the Fed that long-term interest rates for HECMs and traditional mortgages remain high.
Continue readingFHA Announces the 2025 HECM Limit
Mortgagee Letter 2024-22 was released on November 26th announcing the new HECM limit which will be in effect for 2025.
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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