High costs and declining ownership stakes make reverse mortgages risky. Learn the pros, cons and alternatives to decide if it ...

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 ...

I have an IRA that was converted from a 401(k) from my previous employer worth $370,000 at Charles Schwab SCHW. I have since left my current employer and have about $540,000 in a 401(k) and was ...

As long as the borrower lives in the house and meets specific reverse mortgage requirements, they do not have to make monthly ...

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 ...

Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK. The first drop in rates for more than four years came in August, followed by another in ...

“In an effort to broaden the eligible population and revitalize the strength of the HMBS program, Ginnie Mae published a proposed term sheet for a new reverse mortgage security, HMBS 2 ...

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 ...

The final Fed rate cut of 2024 is here. Here’s everything you need to know about how the latest reduction will impact mortgage interest rates. Reina Marszalek is a senior mortgage editor at Fox ...

However, there are a number of pitfalls in this deal. Verizon would be paying a relatively high price for Frontier, which reduces some of the positives spoken about this deal. The complementary ...