While the stock market is doing well and there are encouraging signs that the economy is rebounding, there are still significant concessions Americans have to make now. Inflation just rose for the ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

For many older Americans, retirement isn't about staying put in their homes. It's a time for making a meaningful change instead. Some retirees want to downsize their home into a more manageable space, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...

As with most Americans, older homeowners have been facing issues with rising living costs and mounting debt recently. As a result, tapping into home equity has become an increasingly popular financial ...

A reverse mortgage could have benefits for a qualifying borrower, but anyone considering these loans should also be mindful of the potential risks. This is according to nationally syndicated personal ...

Health care information and caregiving marketplace website Care.com published an article that examines several “practical” ways that someone could choose to finance their long-term care (LTC) goals.

Dear Liz: Please write about the issues people can face when they have a reverse mortgage and need to move out to get long-term care. My mother, who is now 94 and lives on a small teacher’s pension, ...

If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...

A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into ...