As we grow older, our financial needs change. Perhaps you need a different strategy to cover your regular living expenses, or ...

Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of the most misunderstood is the 60% reverse mortgage rule. This ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Americans are living longer, and for many retirees, that's a double-edged sword. While more years can mean more time with family and friends, and the freedom to enjoy retirement, it also means ...

The reverse mortgage market is anticipated to grow in 2026 as lenders innovate and adapt to higher interest rates. Key players emphasize proprietary products and strategic partnerships to reach more ...

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...

I am a retired and divorced 75-year-old woman with one daughter. She will inherit what I've got and, believe me, she needs it. About seven years ago, I had a catastrophic health issue that required me ...

Reverse mortgages may help older adults stay in their homes if they have equity but not a lot of savings. But what happens when the money from a reverse mortgage runs out? Imagine Veronica. She is ...

If you're getting ready to buy a new home or refinance your mortgage in Indiana, understanding current rates is key. That said, these rates aren't set in stone, and they change based on factors like ...