New Rules for Reverse Mortgages

These once-suspect loans can be a useful source of cash in retirement. New Rules! Financial planners have long regarded reverse mortgages as an option of last resort for cash-strapped homeowners in retirement. The loans—which let you borrow against the value of your home but don’t require repayment while you’re still living in it—have had a […]
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Time to Get a Reverse Mortgage in 2016?

  Is it time to get a reverse mortgage? A reverse mortgage is a popular way for older homeowners to tap into their home equity to create an income stream, or to take care of large expenses. However, reverse mortgages aren’t well understood by many people, so here’s what you need to know about these […]
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