A reverse mortgage can be useful in some cases. When it comes to reverse mortgages, the first note should always be one of ...

At 65, she is preparing for retirement and is considering tapping into her own 401 (k) to pay back the reverse mortgage.

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

Vice President of Growth & Engagement at CBS News and Stations Jennifer Earl is the Vice President of Growth & Engagement at CBS News and Stations. Jennifer has previously written for outlets ...

In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note rates” and why most reverse mortgages depend on these two interest rates. In April, we ...

Inflation continues to strain the economy and American household budgets with higher prices at the gas pump, grocery store and other everyday purchases. As a result, many are taking on extra jobs and ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

AAG Reverse Mortgage Review: Is It Any Good? American Advisors Group (AAG), a reverse mortgage lender, offers an option to live in your home mortgage-payment-free for a set period — but not without ...

Refinancing is better for people who want to lower monthly payments, while reverse mortgages give cash flow to seniors who want to stay home. While people often lump a reverse mortgage and refinancing ...

A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...

Patriots coach Bill Belichick, left, stands with quarterback Tom Brady during the second half of the Dec. 24 game against the Bills in Foxborough, Mass. Reverse mortgages have been around and insured ...

At 65, she is preparing for retirement and is considering tapping into her own 401(k) to pay back the reverse mortgage.