Reverse Mortgages in the News

 

 

"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, says researcher Wade Pfau, a professor of retirement income at the American College of Financial Services. 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.

   
   

 

 

 

"Make Money Last: Consider a Reverse Mortgage"

By Jean Chatzky

Some people are more afraid of running out of money than they are of dying. Oh, I think that’s true. It's a huge existential fear. But the fact is that most people are going to be able to do it. They simply have to know how to stretch it out, what kinds of instruments to use. Read more...

 
 

 

 

 

 

“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

 
 

 

 

 

“How to use a reverse mortgage to protect your retirement income"

By Robert Powell

Advisers have long looked down on reverse mortgages: Only the most desperate of Americans — those who failed to save enough for retirement or those who spent unwisely in retirement — would ever need to use such loans....Read more

 
 

 

 

“Do Reverse Mortgages Help Out?"

By Scott Burns
Imagine that you are about to retire. Everything looks OK, but just OK. What can you do to make things better? Would you like to boost your spendable income by 25 to 50 percent? For the rest of your life? Then listen up...Read more

 
 

 


              


Reverse Mortgages Can Be a Retiree's Saving Grace"

By Jamie Hopkins
While Social Security and retirement savings accounts get a lot of attention during retirement planning, home equity is often largely ignored as a possible income source... Read more.

 
 

 

5 Steps to Rescue Your Retirement Finances"

By Alicia H. Munnell
Baby boomers are facing a brewing retirement crisis. Since they’re living longer, they’ll need more money than previous generations, yet health care costs are rising and inflation-adjusted interest rates are at historic lows... Read more.

   
   

 


 

 

 

Seniors Explain: Why We Got a Reverse Mortgage"

By Marcie Geffner
Mike Ryan liked what a reverse mortgage could give him: the ability to take equity out of the house, tax-free and with no monthly payments. But he was skeptical, too. He thought about it for two years...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...