It is 2014 and more than 10,000 Baby Boomers are retiring each day! And its no surprise that they are focusing on their housing options. A new AARP survey, shows that 85%…
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The United States today faces a retirement funds crisis: a rapidly growing number of persons who are retiring without the financial capacity to support themselves during ever-increasing life spans. The…
Experts say that while previously risky reverse mortgages evolved to become a good financial tool for the retired; Government funds get praised for someone looking for a relatively low-risk investment. What are…
Top 20 reasons to get a reverse mortgage The Reverse Mortgage program has garnered a lot of negative attention over the years as being a expensive, equity stripping product that…
Rising New Jersey property values are proving to be quite beneficial to senior homeowners interested in the Home Equity Conversion Mortgage(HECM) or Reverse Mortgage as it is commonly known. According…
The traditional Sun Belt retirement communities may be a thing of the past as more seniors are looking for housing that caters to an active lifestyle and is located near…
Reverse mortgage rules may prove too complex for some homeowners even with the required counseling needed prior to loan closing, according to a Tampa Bay Times article. The article describes…
Though first quarter reverse mortgage endorsements have largely declined nationally compared to year-ago, many cities are experiencing growth with dollar volumes by the millions—most notably in California, according to the latest…
Reverse mortgages, what were once considered options of last resort, are now poised to become a mainstream financial strategy for older adults looking to shore up their retirements, reports CNN Money in…
Last year’s program overhaul and newer research are helping reverse mortgages overcome stigmas of the past and become widely viewed as effective financial tools when planning for longevity, Bloomberg reports….