Reverse Mortgages in the News

 

 

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.

   
   

 

 

 

Reverse Mortgages: The Rewards and Risks"

By Nick Clements
One of the greatest challenges facing retirees, particularly in today's low interest rate environment, is generating income for everyday living expenses... Read more.

   
   
   

Reverse Mortgage: Should you inform your family about it?"

By Marcie Geffner
You're thinking about getting a reverse mortgage. Should you discuss your plan with your adult children? Maybe... Read more.

   
   

 

 

Reverse Mortgages for New Home Buyers"

By Pat Mertz Esswein
Chuck Rooney and his wife Ellen originally set out to refinance the mortgage on their home, but instead got a reverse mortgage and purchased a new home closer to family without worrying about mortgage payments... Read more.

   
   
   

Understanding the Pitfalls of Reverse Mortgages

By David Lazarus
Retirement is an increasingly scary prospect. Some experts say a couple will need $2 million to live comfortably. Some say you should have at least 10 times your annual salary socked away... Read more

   
   
   

The Case For Reverse Mortgages"

By Wade Pfau
What financial term do you wish those nearing retirement better understood?..
Read more.


   
   

 

 

 

Once Troubled Reverse Mortgages Poised for Rebound”

By Hope Yen
Advertised as a path to affordable retirement, federally insured reverse mortgages are showing signs of a rebound... Read more.

   
   

 

 

What Heirs Need to Know About Reverse Mortgages”

By Rachel L. Sheedy
If you have a reverse mortgage, let your heirs know. Soon after you die, the lender must be repaid. Heirs will need to quickly settle on a course of action.  Read more.