A reverse mortgage is an excellent way to use the equity in your home to supplement your income, set up a "rainy day fund," or achieve a variety of other financial goals. These products are designed for seniors who have paid off the majority of their mort
Oct 21, 2022 | Reverse Mortgage Home Equity
The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining a healthy level of inflation and employment in the U.S
Oct 18, 2022 | Interest Rates
In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could
Oct 11, 2022 | Purchasing a Home
Improve Cash Flow And Your Financial Plan You might not have heard much about reverse mortgages outside of AARP or daytime tv commercials. They mostly fly under the radar for three main reasons; they're not heavily promoted, they suffer from social stigma
Oct 09, 2022 | Reverse Mortgage Financial Planning Retirement Cash Flow
If you are interested in becoming a homeowner, you may want to know how buying a home will affect your annual taxes. There used to be a lot of talk about homeownership tax deductions, so will your taxes go down after buying a house? Here’s the scoop: Afte
Oct 04, 2022 | Purchasing a Home
As interest rates on long-term mortgages continue to rise, buying a home at today’s record-high prices can be a challenge. However, a recent study from Zillow found that there is one thing home buyers can do to save themselves big time when it comes to mo
Sep 27, 2022 | Credit