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BING NEWS:
  • New CFPB report looks at reverse mortgage activity in 2023
    A new CFPB report based on 2023 HMDA data assesses the reverse mortgage industry landscape that year, and the shifts at the top of the industry.
    01/11/2025 - 10:42 am | View Link
  • 4 Key Signs You’ve Found the Right Reverse Mortgage Lender
    Anyone with equity in a home can potentially take advantage of a reverse mortgage, also known as a home equity conversion mortgage (HECM), which enables a homeowner to access the cash of their ...
    01/10/2025 - 6:00 am | View Link
  • How 7% mortgage rates will change housing for a decade
    By June this year, we should expect that over 20% of U.S. borrowers will have mortgages with a 30-year fixed rate greater than 6% — levels not seen for a decade. As long as mortgage rates stay ...
    01/10/2025 - 4:54 am | View Link
  • 2025 Mortgage Rate Forecast: Here's Why You Shouldn't Bet on Lower Rates This Year
    Last year, the path to lower mortgage rates seemed relatively straightforward: Official inflation would go down, the Federal Reserve would cut interest rates and the cost of borrowing would gradually ...
    01/9/2025 - 6:59 pm | View Link
  • Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
    The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
    01/9/2025 - 1:49 pm | View Link
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BING SEARCH:
  • HUD FHA Reverse Mortgage for Seniors (HECM)
    The only reverse mortgage insured by the U.S. Federal Government is called a Home Equity Conversion Mortgage (HECM), and is only available through a Federal Housing Administration (FHA)-approved lender. The HECM is the FHA's reverse mortgage program that enables you to withdraw a portion of your home's equity to use for home maintenance ...
    01/12/2025 - 5:33 pm | View Website
  • Reverse Mortgages: How They Work And Who They’re Good For
    The most popular reverse mortgage is a home equity conversion mortgage (HECM), which is available through government-insured programs with strict guidelines and standards. However, reverse ...
    01/12/2025 - 12:58 am | View Website
  • Everything You Need to Know About Reverse Mortgages
    With reverse mortgages, avoiding foreclosure requires staying current on your property taxes, home insurance and home maintenance, and continuing to live in the home as your primary residence. In addition, a reverse mortgage eats into your home equity. As a result, it can deplete the equity that you have left to pass on to heirs.
    01/11/2025 - 11:03 pm | View Website
  • Reverse Mortgage Guide: Types, Costs, and Requirements
    A reverse mortgage is a loan that allows eligible homeowners age 62 or older to borrow money against the equity in their home and receive the proceeds as a lump sum, a fixed monthly payment, or a ...
    01/11/2025 - 10:28 pm | View Website
  • What Is A Reverse Mortgage? | Rocket Mortgage
    A reverse mortgage is a loan that allows homeowners – most often those 62 or older – to borrow against a portion of the equity in their home. A reverse mortgage works differently than a traditional mortgage loan, though. Instead of making payments to your lender, your lender will make a payment to you. ...
    01/11/2025 - 9:16 pm | View Website
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