Articles

Reverse Mortgage / November-December 2020

Nonetheless, his volume has grown, he says. “We have to work a little harder, but because of the market, business has been really good.” The volatile market has prompted more people to look at home equity, but they have had trouble accessing home equity lines as banks...

What Social Security pays the average American

It’s no secret that countless Americans rely on Social Security to stay afloat financially in retirement. But an alarming number of workers are placing way too much emphasis on those benefits and aren’t saving on their own. And that’s a major...

Reverse Mortgage Education Week

During the week of April 24th, NRMLA will host a series of online education sessions to teach Realtors, healthcare workers, financial advisors and other professionals how reverse mortgages work and how they can help meet their clients’ financial needs. Help...

New Thinking About Reverse Mortgages

Rising interest rates could make reverse-mortgage lines of credit more appealing to younger retirees. A reverse mortgage is a type of loan taken against equity in a home, available to borrowers who are at least 62. It requires no monthly payments, with interest...

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