Senior couple standing in front of their home
Reverse Mortgage Limits Will Jump in 2022

on December 29, 2021

The federal government’s decision reflects the recent nationwide jump in home prices.

Retirees in front of their new home
2022 Reverse Mortgage Lending Limits Increase

on December 3, 2021

Some borrowers may have access to more money thanks to new higher lending limits.

10 Alternatives to a Reverse Mortgage
10 Alternatives to a Reverse Mortgage

on August 9, 2021

A reverse mortgage can be tempting. But consider these cheaper, safer options first.

Seniors with money and paperwork
The Top 6 Objections to Reverse Mortgages

on November 13, 2020

A reverse mortgage can make sense for people in the right financial situation, though it’s not for everyone.

Senior couple at home
Senior Home Equity Booms: Should You Get a Reverse Mortgage?

on October 22, 2020

Older homeowners have a record amount of housing wealth.

Pros and Cons of a Reverse Mortgage During the Pandemic Crisis
Pros and Cons of a Reverse Mortgage During the Pandemic Crisis

on October 20, 2020

If you’re considering a reverse mortgage, weigh these factors first.

Senior man filling out a reverse mortgage application
14 Important Reverse Mortgage Facts

on October 8, 2020

Ditch the commercials and learn how they work before you start shopping or rule these loans out.

Older couple at home
Should I Get a Reverse Mortgage?

on September 28, 2020

For some, reverse mortgages are a perfect way to get extra retirement income. But they’re not for everyone.

Reverse Mortgage
Ask Stacy: Did the New Tax Law Affect Reverse Mortgages?

on February 5, 2018

Reverse mortgages can provide needed financial options for seniors. But will the new tax law change that?

Reverse Mortgages Have Changed: Is It Time to Take Another Look?
Reverse Mortgages Have Changed: Is It Time to Take Another Look?

on July 25, 2016

New rules have made reverse mortgages safer for seniors who need to access their home equity while remaining on the property. Here’s how they work.

Feds: Beware the Sugar-Coated Reverse Mortgage
Feds: Beware the Sugar-Coated Reverse Mortgage

on June 12, 2015

Some reverse mortgage advertising contains confusing, incomplete and inaccurate statements that could mislead seniors, a consumer watchdog agency warns.

Reverse Mortgage
Ask Stacy: Should I Take Out a Reverse Mortgage?

on May 19, 2015

The commercials insist a reverse mortgage is the perfect place to find extra retirement income. Here’s what they don’t tell you.

New Reverse Mortgage Rules Protect Widow(er)s From Eviction
New Reverse Mortgage Rules Protect Widow(er)s From Eviction

on July 14, 2014

The rules for buying the most common reverse mortgages are changing to protect borrowers. That’s a mixed blessing, though, and not everyone’s covered.

More Seniors Are Doing Reverse Mortgages. Is This a Good Idea?
More Seniors Are Doing Reverse Mortgages. Is This a Good Idea?

on April 4, 2014

The concern is that many boomers are using reverse mortgages to drain their home equity too early, leaving them nothing to fall back on in 15 or 20 years.

Reverse Mortgage Changes: What You Need to Know
Reverse Mortgage Changes: What You Need to Know

on September 26, 2013

New rules that go into effect Oct. 1 may make the loans more difficult to get, and allow less access to a home’s value.

Ask Stacy: How Do Reverse Mortgages Work?
Ask Stacy: How Do Reverse Mortgages Work?

on July 23, 2013

If you’re 62 or over, or know someone who is, sooner or later you’ll probably hear about reverse mortgages. Here’s what you need to know.

An older man scratches his head and wrinkles his nose while thinking
Should You Refinance Your Mortgage?

on October 19, 2022

There are upsides and downsides, and situations where it really won’t make sense.

How to Pay Off Your Mortgage Early and Save Thousands
How to Pay Off Your Mortgage Early and Save Thousands

on January 27, 2022

What would you give to be out of debt faster? These strategies could make it happen.

Senior man lost in thought
Should You Pay Off Your Mortgage or Invest?

on December 30, 2021

People have differing opinions on how to handle a windfall of cash.

Senior couple at home
7 Times You Should Not Pay Off a Mortgage Before Retiring

on November 26, 2021

It often makes financial sense to avoid paying off your mortgage before retiring.

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