Longbridge cuts its proprietary reverse mortgage rate to 7.99% and raises the principal limit factor to help seniors tap more ...

In turn, more retirees and near-retirees are asking the question of whether opening a reverse mortgage will be worth it in ...

The Mortgage Bankers Association (MBA) has sent a letter to the FHA/Ginnie Mae in response to a Request for Input (RFI) seeking comments on how to modernize and strengthen the Home Equity Conversion M ...

Reverse mortgages are being sold to older homeowners as a lifeline, but the fine print often turns that promise into a trap ...

HUD’s RFI on reverse mortgage programs highlights an industry focus on mortgage insurance costs and liquidity constraints.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Knowing these red flags can help you navigate the reverse mortgage ...

A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into ...

SafeRate™ is designed to give older Canadians financial certainty, flexibility, and peace of mind, helping them feel confident in the choices they make for themselves and their families. Today,Bloom ...

Mortgage rates showed little movement Thursday as markets awaited the Federal Reserve’s rate policy decision next week. The average rate on 30-year fixed home loans registered 6.74% for the week ...

Explore how reverse mortgages can provide financial relief for retirees with limited income by leveraging home equity for tax ...

Say your home is worth $400,000. Lenders will typically allow you to borrow between $320,000 to $340,000, including your ...