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 readingWhat in the world is propping up home prices?
10-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 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 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.
Continue readingHow One Reverse Lender is Leveraging its ‘Forward Machine”
Housing Wire’s Chris Clow reports on some strategic changes that have yielded big results for one reverse mortgage lender.
Continue readingHow to Prepare for Possible Rate Cuts
Interest rate cuts may be around the corner. Here’s how reverse mortgage professionals can prepare…
Continue readingAging in Place or Stuck in Place?
Many older American homeowners now find themselves stuck in their homes being unable to…
Continue readingAARP: Rising Rates Hit Reverse Mortgage Payouts
Industry expert, author, and founder of Understanding Reverse contributed a column to Housing Wire’s Reverse Mortgage Daily that reveals two often overlooked facts about the HECM’s expected rate used to determine the federally insured reverse mortgage’s principal limit.
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