As we grow older, our financial needs change. Perhaps you need a different strategy to cover your regular living expenses, or ...

Timing is everything, and when it comes to making financial decisions, it can be the difference between success and failure. For many seniors and older homeowners, many of whom are tied to limited ...

You've probably seen the commercials. Smiling seniors, pristine homes, promises of financial freedom. Reverse mortgages sound ...

Dear Annie: With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. After years of steady home appreciation, many homeowners over age 62 now ...

Dear Savvy Senior: What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.

While reverse mortgages in the U.S. have struggled to push beyond their current market penetration rate for the past several years, their international equivalents don’t always have the same ...

The reverse mortgage division of Rate — formerly known as Guaranteed Rate — recently announced the hiring of reverse industry veteran Jesse Allen as the president for Rate’s reverse lending division ...

My last couple of posts, beginning with The Mortgage is Dead; Long Live the Reverse Mortgage, have extolled the virtues of the improved FHA HECM reverse mortgage products. Given that the typical ...

For many retirees, the house that once soaked up every spare dollar has quietly become their biggest source of wealth.