Reverse mortgages, home equity loans, and HELOCs are all ways homeowners can tap into the value of their homes for cash.  That means the financing for these loans is secured by the home, so rates are ...

Discover why reverse mortgages are surging in popularity again and what changing trends mean for homeowners.

U.S. Census Bureau data shows an average married couple aged 65 years old has nearly 68 percent of their wealth tied up in their home equity. To this point, Jamie Hopkins, associate professor of ...

I received a solicitation for an HECM loan saying I had “Estimated Funds Available” of $54,059. HECM stands for “home equity conversion mortgage” and is the FHA’s reverse mortgage program that enables ...

Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...

Make sure you understand all the costs, terms and conditions before applying for a reverse mortgage. Reverse mortgages are widely advertised to older adults as a way to convert part of the equity in a ...

After years in the mortgage business, I’ve learned few financial tools are as misunderstood as the reverse mortgage.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, how exactly do these senior-focused loans work for married couples, ...

Learning how mortgages work can be confusing. We put together a brief guide focusing on where to find current rates and types of mortgages available.

Start the new year with new model homes at Sonders in Fort Collins Economic forecasts show big changes coming for northern Colorado The neighborhood wish list: 3 things to consider Planning ahead: ...

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

As those on a fixed income continue to wrestle with rising property taxes, the mayor of South Portland, Maine, recently recommended that area seniors explore reverse mortgages as a potential option to ...