Once a loan often taken by older people as a “last resort” in retirement, reverse mortgages today are “attracting a younger crowd,” writes AARP in a bulletin this week. With nearly half of people ...

A recent hearing for the Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection sparked impassioned conversation between the Office of Older Americans and ...

For many older homeowners, years of steady mortgage payments and climbing home values have resulted in a significant amount of home equity. Right now, for example, the average homeowner has well over ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. This timing couldn't be better, either, as this year has ushered in ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Reverse mortgages are generally easier for older homeowners to qualify ...

A A reverse mortgage is a financial tool that lets you take money out of your home to help fund your retirement. However, financial advisers caution that they're not for everybody, and should probably ...