Search Results for 'reverse mortgage'
Does a Reverse Mortgage Make Sense? 3 Things to Know
MTN Staff on March 7, 2023
There’s a lot of bad information out there about reverse mortgages. Here’s the straight scoop.
Reverse Mortgage Limits Will Jump in 2022
Chris Kissell on December 29, 2021
The federal government’s decision reflects the recent nationwide jump in home prices.
2022 Reverse Mortgage Lending Limits Increase
NewRetirement Editors on December 3, 2021
Some borrowers may have access to more money thanks to new higher lending limits.
10 Alternatives to a Reverse Mortgage
Marilyn Lewis on August 9, 2021
A reverse mortgage can be tempting. But consider these cheaper, safer options first.
The Top 6 Objections to Reverse Mortgages
Tricia Drago on November 13, 2020
A reverse mortgage can make sense for people in the right financial situation, though it’s not for everyone.
Senior Home Equity Booms: Should You Get a Reverse Mortgage?
Chris Kissell on October 22, 2020
Older homeowners have a record amount of housing wealth.
Pros and Cons of a Reverse Mortgage During the Pandemic Crisis
Kathleen Coxwell on October 20, 2020
If you’re considering a reverse mortgage, weigh these factors first.
14 Important Reverse Mortgage Facts
Kathleen Coxwell on October 8, 2020
Ditch the commercials and learn how they work before you start shopping or rule these loans out.
Should I Get a Reverse Mortgage?
Stacy Johnson CPA on September 28, 2020
For some, reverse mortgages are a perfect way to get extra retirement income. But they’re not for everyone.
Ask Stacy: Did the New Tax Law Affect Reverse Mortgages?
Stacy Johnson CPA 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?
Marilyn Lewis 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
Krystal Steinmetz on June 12, 2015
Some reverse mortgage advertising contains confusing, incomplete and inaccurate statements that could mislead seniors, a consumer watchdog agency warns.
Ask Stacy: Should I Take Out a Reverse Mortgage?
Stacy Johnson CPA 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
Marilyn Lewis 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?
Marilyn Lewis 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
Guest Blogger 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?
Stacy Johnson CPA 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.
How to Pay Off Your Mortgage Super Early
Miranda Marquit on April 6, 2024
Imagine life without that mortgage payment. Now, let’s make it happen.
7 Times You Should Not Pay off a Mortgage Before Retiring
Emmet Pierce on February 23, 2024
It often makes financial sense to avoid paying off your mortgage before retiring.
Should You Pay Off Your Mortgage or Invest?
Kathleen Coxwell on December 25, 2023
Take in advice on how to settle on the smartest financial strategy for your needs.
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