As a result, older homeowners may find that their top options are either a home equity loan or a reverse mortgage. While both ...
Find out how affordable your home equity borrowing options are now.
Many seniors have considered a reverse mortgage, but most have kept their thoughts a secret, not wanting to discuss it with ...
NRMLA urges CFPB to reconsider proposed lending rule changes, warning they could impair reverse mortgages by restricting ...
Running a mortgage company, turns out, isn’t free, and lenders are trying to cut costs and increase efficiency everywhere.
The U.S. Department of Housing & Urban Development (HUD) has announced updated loan limits for calendar year 2026 under the ...
The Department of Housing and Urban Development announced the FHA-insured loan caps for low- and high-cost areas, which are set based on conforming loan limits.
Official figures showing the economy shrank in October have upped the chance of a Bank of England rate reduction when it next ...
The Federal Reserve on Wednesday issued the third consecutive quarter-point interest rate cut this year — likely impacting everything from credit card rates and mortgages to online savings accounts.
Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional mortgage to buy a home. But because a reverse mortgage works differently, ...
NRMLA sent HUD and FHA a detailed letter urging lower upfront MIP, HMBS index changes and new liquidity options for reverse mortgages.