If you're planning to take out a reverse mortgage, there are unique considerations to think about in this market.

A reverse mortgage can be a smart fix for seniors who need to borrow, but there are risks if you can't cover what's owed. .

A mortgage is a loan used to purchase or maintain real estate, including houses and commercial properties. A buyer repays the ...

In this guide, we break down 12 key pros and cons of reverse mortgages to help you make an informed decision -- and avoid ...

Will tapping your home equity cut into Social Security or Medicare? The answer to that question might surprise you.

Given the popularity of these products, it might seem strange that some of the biggest banks in the United States—Bank of America (BAC) and Wells Fargo (WFC), for example—don’t offer them ...

Fairway announced three new reverse initiatives, including a new division leader and rejoining NRMLA, the industry trade association.

For example, if a reverse mortgage made $216,000 available and $200,000 was used to pay off an existing mortgage, the remaining $16,300 becomes a line of credit that grows over time.

Reverse mortgages are more complicated than frequently advertised, and could be […] The post Tax Implications for Reverse Mortgages appeared first on SmartReads by SmartAsset.

Florida State University professor Jing Wang spoke to HousingWire's Reverse Mortgage Daily about health care and smart home ...

Myth-busting reverse mortgage misconceptions helps you understand how the loans work.

For example, if your home is worth $400,000 and you owe $150,000 on a reverse mortgage, selling the home could pay off the reverse mortgage and leave you with $250,000.