While there's no way around the high cost of retirement, there are some strategies you can try to build your savings more ...

For many older Americans, the house they’ve spent a lifetime paying off might now be their biggest source of untapped cash.

The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.

With rising costs and high interest rates these days, home ownership can be tough for many people. This can be especially ...

What started as a routine reverse mortgage request turned into a mission of service and support for a local veteran named ...

Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, ...

The loan would have to be paid in full, if they decide to keep the home. If they instead decide to sell, “they must repay the ...

Borrowers can get approved with a 1% down payment. Guild even will kick in another 2% in the form of a grant you don't have ...

Finance of America achieves a 322% stock gain by strategic exits and operational improvements. Click here to find out why I rate FOA stock a Buy.

Record-high home equity is good news for seniors looking to remodel their homes, particularly those considering a reverse ...

A home equity conversion mortgage, or HECM, is the most common type of reverse mortgage. It is backed by the Federal Housing Administration and, in 2025, is capped at $1,209,750.

A reverse mortgage allows homeowners aged 62 and older to convert a portion of their home equity into tax-free cash without giving up homeownership or making monthly mortgage payments.