This type of mortgage is ideal for many retirees because it provides flexibility and can even help them defer taking Social ...

Your parents, the people who always seemed invincible, confess they're struggling to keep a roof over their heads. The house ...

A year that saw businesses express growing interest in the segment ended with a more subdued outlook due to interest rate ...

The reverse mortgage industry seeks to build its positive momentum this year after collaborating extensively with forward ...

Dean Mitchell / Getty Images Total annual loan cost (TALC) is the projected cost that a reverse mortgage holder should expect to pay each year over the life of the loan. The TALC is based on the ...

Have you ever mentioned reverse mortgages at the family cookout? Be honest—what happened? Three people left the table, two went underneath it, and Aunt Petunia made a weapon out of a plastic knife!

Katherine Watt is a CNET Money writer focusing on mortgages, home equity and banking. She previously wrote about personal finance for NextAdvisor. Based in New York, Katherine graduated summa cum ...

Inflation is set to climb early next year, but mortgage rates and interest rates should still fall, experts have told The i Paper. The Consumer Prices Index (CPI) measure of inflation could climb ...

Fed lowers reverse repo rate by 30 basis points Fed reverse repo rate now 4.25%, matching low end of fed funds range Analyst expect Fed tweak to flush cash from reverse repo facility Dec 18 ...

Reverse mortgages remain the pariahs of the U.S. loan world. A 2022 study published in Oxford Academic revealed there were just 33,000 reverse mortgages originated during the same year when ...

Just a year after increasing the statewide definition of “moderate income” to include people making up to 150% of the area’s median income, New Mexico’s mortgage finance agency is pushing ...

What Is Form 1098: Mortgage Interest Statement? Form 1098, Mortgage Interest Statement, is an Internal Revenue Service (IRS) form used by taxpayers to report the amount of interest and related ...