PHOENIX — An effort to enact Arizona's first-ever regulation of reverse mortgages has stalled amid industry opposition. Rep. Bill Konopnicki, a Safford Republican sponsoring the reverse-mortgage ...
With high mortgage rates and home prices not much better, downsizing isn't very attractive to many older homeowners these days. Instead, reverse mortgages — which allow you to turn your existing home ...
Reverse mortgages can be a powerful financial tool. But they’re often overlooked, partially because reverse mortgages aren’t always easy to understand. These loans allow older homeowners to borrow ...
Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...
Fab It Forward: Fabulous Finds’ new Ken Pratt location is a one-stop, wondrous experience 3 tips for selling your home in a down market New Toll Brothers luxury home community coming soon to ...
Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...
Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage companies, ...
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