A reverse mortgage is designed for homeowners 62 or older that allows them to convert part of the equity in their home into ...
More lenders are approving home equity loans without traditional appraisals, cutting weeks off the process. Here's how ...
Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.
These loans allow older homeowners to borrow against their home equity. But unlike a traditional loan, you don’t have to make a monthly mortgage payment when you take out a reverse mortgage. Instead, ...
Canada’s mortgage market is changing all the time, but we keep track of the best rates. Bookmark this page to find the best reverse mortgage rates, updated daily, based on data from MortgageLogic.news ...
Missouri and Tennessee are tied for bordering the most states: eight. This week I head to Missouri, the jumping off point for thousands of wagon trains heading west in the mid-1800s. Back then, land ...
As policymakers seek ways to unfreeze the housing market, one idea under review is the portable mortgage, which would let ...
As I type these words, I am sitting in front of one of Chuck Berry’s early residences in St. Louis. STL has a good musical reputation, a fine mortgage association, a Fed that puts out great research, ...
The reasons some homeowners would consider alternative financing offered by these companies is that homeowners might have low-interest mortgages and these homeowners don’t want to get rid of ...
Experts in the mortgage industry are skeptical. Buyers would pay less each month, but would end up paying more over time.
As part of ongoing product evolution, Longbridge has introduced several enhancements to its Platinum Line of Credit to help borrowers maximize flexibilityand access. These include an increase in the ...
I consider myself a lifelong learner, which is part of the reason I love my work. Every day there is something new and exciting to learn, or in some cases re-learn.