Por: CBS News Business April 17, 2023
For older homeowners, a reverse mortgage could be a great way to access cash. Getty Images/iStockphoto A reverse mortgage works much like a traditional mortgage loan, only instead of you paying the lender, the lender pays you — out of your home equity. are only available to senior homeowners, and they can be smart for those who want to or just want to avoid expensive monthly housing payments at a time when income is limited. If you think a... + full article
CBS News USA Business April 13, 2023
A reverse mortgage can provide seniors with a lump sum of cash they can use as they see fit. Getty Images/iStockphoto During a time of and uneven economic news, many adults find themselves looking for new and innovative ways to pay for rising expenses. This can take many forms,... + más
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CBS News USA Business April 10, 2023
Reverse mortgages provide some unique benefits compared to other home equity options. /Getty Images If you're a senior looking to reduce expenses or have extra income, you may have come across a product known as a . Reverse mortgages are a funding source available only to... + más
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CBS News USA Business April 07, 2023
A reverse mortgage can help you cover financial shortfalls in retirement. /Getty Images Ideally, your retirement is a time of ease. You've set aside enough funds to live comfortably and enjoy well-earned rest. But things don't always work out according to plan. For... + más
Is a reverse mortgage worth it? | CBS News
CBS News USA Business December 30, 2022
Mortgage interest may be one of the biggest deductions you can make to significantly reduce your taxable income. David Sucsy/Getty Images Everyone wants to save on taxes, and one of the best ways is to maximize every possible deduction. The mortgage interest deduction used... + más
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ABC News USA Business October 29, 2022
The spike in mortgage rates this week continues a monthslong trend that has dramatically of home loans – but the exact price hike may surprise some homebuyers.The 30-year fixed-rate mortgage leapt to 7.08% on Thursday, reaching heights last seen more than 20 years ago,... + más
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CBS News USA Business October 13, 2022
Age, home value and loan type are just a few of the factors that will influence how much you can get with a reverse mortgage. Getty Images/iStockphoto allow seniors to tap their home equity and turn it into cash. They can offer lump-sum payments, a line of credit (like a credit... + más
CBS News USA Business September 26, 2022
There are multiple benefits to taking out a reverse mortgage. Getty Images/iStockphoto A is a type of loan that pays you. Unlike a traditional mortgage, which requires you to make payments each month, with a , you're the one who gets paid — either with a one-time sum,... + más
Today’s 30-year mortgage refinance rates soar past 7% | Fox Business
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