Reverse Mortgages in the News

   

"Reverse Mortgages: A Personal Look"

By Terry Savage
I have long been a fan of reverse mortgages -- if they are done in the right circumstances and for the right reasons. About 15 years ago, I helped my father get a reverse mortgage. Read more...

 

 
 

"Reverse Mortgages: Are They Right For Your Clients?"

Should investors buy reverse mortgages from an adviser or the Fonz? Wade Pfau and Jamie Hopkins of the American College of Financial Services offer some ideas about reverse mortgages and home equityRead more...

 
   

"Cash-Strapped Seniors: Weigh Pros and Cons of Reverse Mortgages"

By Andrew Osterland
Although reverse mortgages have traditionally been seen as a last resort for retirees who've exhausted their other assets, they are a very flexible product that can help reduce living expenses and preserve other assets for the future.  Read more...

 

 
 

"How to Handle the Cost of Aging Parents: Is a Reverse Mortgage Right for You?"

With people living longer than ever, financial fitness is as important as physical health. TODAY financial editor Jean Chatzky explains strategies for handling expenses for your parents later in life, including reverse mortgages and long-term insurance.  Read more...

 


 
 

"Can a Reverse Mortgage Stabilize a Wobbly Retirement-Income Stool?"

By Janet Kidd Stewart
Financial planners, who once disparaged reverse mortgages, are beginning to recommend them for clients as a proactive retirement income strategy, rather than a last-ditch effort to remain in a house. Read more...

 


 

 

"Using Reverse Mortgages in a Responsible Retirement Income Plan"

By Wade Pfau, Professor, The American College of Financial Services
Two benefits give opening a reverse mortgage earlier in retirement the potential to improve retirement outcomes, even after accounting for loan costs. Read more...

 


 
 

"Why Reverse Mortgages Are Worth a Look"

By Pete Woodring, Financial Advisor
Until recently, the subject of reverse mortgages rarely ever came up in my consultations with clients. I've since reconsidered my bias against reverse mortgages and now view them as a viable tool in the context of a holistic retirement income plan in certain situations. Here's whyRead more...

   
 


 
 

"Could a Reverse Mortgage Save Your Retirement?"

By Kira Brecht
While reverse mortgages have gotten a bad rap over the last decade, the product has changed and become more regulated. Reverse mortgages are now gaining a lot of attention as a viable option for retirement income.Read more...

   
 
 

 

"How to tell if a reverse mortgage is right for you"

By Deborah Kearns
After Eileen Redden inherited her idyllic childhood home last year, she knew she wanted to live out her days there. Enamored with the 1945 Cape Cod in Bayside, N.Y., she threw herself — and her savings — into renovating it. Read more...

   
 

 
 

"A Surprising Suggestion for Retirement Income"

By Penelope Wang
Despite a bad reputation, reverse mortgages, which let retirees tap the equity they have built up in their homes, have become a better deal in recent years. And they can be valuable as part of your overall financial plan for retirement. Read more...

   
 


 
 

"The Quiet Comeback of Reverse Mortgages"

By John L. Wasik
When Peter and Joyce Hill wanted to buy a home in a community for people 55 and older in an area they had always admired in Lancaster County, Pa., they used a reverse mortgage to finance building in that development. Read more...

   
 

 

 

 

 

"Getting a Reverse Mortgage, but Not From a Celebrity"

By Ron Lieber
If you don’t have a reverse mortgage and don’t know anyone who does, your familiarity with the product probably comes from television commercials.. Read more...

 
 

 

 

 

 

Could Getting a Reverse Mortgage Save You Money?

Consumer advocates now say that taking out a reverse mortgage could be a smart way to bring in more money.

   
 

 

 

 

 

“10 Things You Need to Know About Reverse Mortgages"

By Elyce Glink
You've probably seen the commercials: Actors tell older adults that they can use a reverse mortgage to access the equity in their homes and live a more financially carefree lifestyle.....Read more


"Getting a Reverse Mortgage, but Not From a Celebrity"

By Ron Lieber

If you don’t have a reverse mortgage and don’t know anyone who does, your familiarity with the product probably comes from television commercials.. Read more...

"Getting a Reverse Mortgage, but Not From a Celebrity"

By Ron Lieber

If you don’t have a reverse mortgage and don’t know anyone who does, your familiarity with the product probably comes from television commercials.. Read more...