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Latest News:

Debt adviser: Don't sacrifice your savings cushion to pay off mortgage early
My question is whether to pay off my house. It would wipe out my CDs. I have an emergency fund of $2,000. Is this a good idea? I live fine on my Social Security income...

Cheaper Reverse Mortgages May Be Coming - U.S. News & World Report (blog)

Cheaper Reverse Mortgages May Be Coming
U.S. News & World Report (blog)
The Federal Housing Administration (FHA) is developing a new reverse mortgage product that sharply cuts up-front payments by home owners .
Reverse mortgages worth a look for some seniorsOregonLive.com (blog)
HUD Shares Plans for New Reverse Mortgage OptionPR Newswire (press release)
When A Reverse Mortgage Helps A SeniorStock Markets Review
Housing Wire -Mortgageorb
all 27 news articles »

Sunday Telegraph, The; London (UK) - The Sunday Telegraph Guide to Equity Release
August 29, 2010 -- Written by Emma Simon, The Telegraph Deputy Personal Finance Editor, in association with Aviva. Equity release has gone through...

U.S. Newswire - Bankrate: Mortgage Rates Rebound Slightly
August 19, 2010 -- NEW YORK, Aug. 19 /PRNewswire/ -- Mortgage rates posted the first increase in five weeks, with the average conforming 30-year fixed mortgage...

PR Newswire - HUD Shares Plans for New Reverse Mortgage Option
August 27, 2010 -- Lower Upfront Costs to Be Key Feature of New Version of FHA Home Equity Conversion Mortgage WASHINGTON, Aug. 27...

Reverse mortgage is expensive form of borrowing
Q: I just checked on a reverse mortgage. I am 63, own my home and have no immediate family. My home is worth about $137,000. I have an outstanding home-equity loan for $10,500. The bank appraised my home at $125,000, because I have the outstanding equity loan. The interest rate is currently 5.49 percent with a mortgage insurance rate of 0...

Evening Post; Bristol (UK) - Fixed rate is most popular
August 13, 2010 -- NEARLY half of all new borrowers took out a fixed rate mortgage in June as lenders brought prices down, according to recent research....

Wells Fargo appoints reverse mortgage specialist - News-Sun

Wells Fargo appoints reverse mortgage specialist
News-Sun
Terrell will work exclusively with senior homeowners seeking a reverse mortgage, a home financing program that allows mature homeowners to utilize the .

and more »

Sun American Mortgage EUR Reverse Mortgage Lender | raestate
utah reverse mortgage Sun American Mortgage is a lender, seller and servicer of the government insured Reverse Mortgage. Over twenty...