A bill introduced into the Oregon Senate could potentially halt the availability of proprietary product offerings in the ...

The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse ...

I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...

Every week, Allworth Financial’s Amy Wagner and Steve Hruby, CFP ®, answer your questions. If you, a friend, or someone in ...

If you applied for your mortgage with a co-borrower or co-signer, the solution is relatively simple: The other party must ...

you can take out a reverse mortgage on your property in Puerto Rico, the U.S. Virgin Islands, or Guam. All three places are U.S. territories, which means you can get a reverse mortgage just as you ...

A reverse mortgage isn't technically a type of refinance ... Second, you have to pay closing costs each time you refinance, so it can get expensive if you do it multiple times.

Many people aged 62 or older are “house-rich and cash-poor.” They’re free of house debt but their income is limited. A reverse mortgage may allow some to take advantage of their house as an ...

Using the funds from a home equity loan to make home renovations can make sense if you're planning on aging in place, but you also have other options.

Leon Cooperman was 75 when he shut down his former hedge fund, Omega Advisors, in 2018 after 27 years. He did so to maximize ...

In this article, we share a timeline of our monthly "bites" for 2024 applicable to the mortgage industry. There was also a flurry of ...

They can be conventional or government-backed, fixed or adjustable, reverse, interest-only — the list goes on and on. One of the most important mortgage descriptors is conforming vs. non-conforming.