Corrina Carter, president and founder at CMS Mortgage, told Mortgage Professional America she expects reverse mortgage could become an increasingly viable option for many in 2025 and beyond.
Continue readingExpert Advice About Reverse Mortgages? Not so much.
Expert advice about reverse mortgages in the media is often misleading and downright inaccurate. Here’s a recent example…
Continue readingHere’s why homeowners may be overconfident in their retirement preparedness.
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
Despite having pension plans a majority of surveyed public employees are worried they won’t have enough money for retirement.
Continue reading3 Ways Retirees Can Consolidate Debt in Retirement
Retirement is a catalyst for exposing financial weaknesses-chiefly excessive debt. This week we look at three ways retirees may consolidate their debt.
Continue readingWhat 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 readingHow to Uncover the Social Security Time Bomb
It’s common for retirees seeking to secure their financial future to encounter these three retirement threats. Here’s how a HECM (Home Equity Conversion Mortgage) could help solve these common retirement problems.
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…
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