Inflation scare

Ron Insana: The 2024 inflation scare has arrived, but there are still signs of hope for investors U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. U.S. Federal Reserve Chair Jerome Powell holds a press […]

Social Security

 Today, many of our retired seniors are struggling to make their money last from month to month as inflation has taken a big chunk out of their monthly income! And, many don’t have enough saved and rely solely on Social Security to get by.  According to a Federal Reserve study, only 54% of Americans have […]

Mortgage Rates and Housing

Mortgage Rates and Housing. Federal Reserve Next Move: Brace Yourself for Real Estate Impact. Mortgage rates and Housing Video Reverse Mortgages have always been a god way to eliminate debt. Now with most seiors on a fixed income it has became unaffordable to live without maxing out crdit cards. Call Scott Underwood at ReverseMortgageAlabama at (205) […]

Reverse mortgages explained

Birmingham and Huntsville Alabama Reverse Mortgage information

Reverse mortgages explained As long as there have been homes for sale, there have been financial vehicles designed to alleviate some of the financial pressures associated with owning a home. A reverse mortgage is another way homeowners can borrow money based on the value of their homes, but it doesn’t need to be repaid as […]

Reverse Mortgage Business

The traditional reverse mortgage business model has shifted, but is that good? Industry professional Jarred Talmadge explores how the reverse mortgage business model has changed, but questions if that’s for the better? If you listen to the more traditional business mortgage voices, they are talking about untapped markets and underserved clients. They talk about how […]

Tips for Boomers Who May Have Retired Too Early

Tips for Boomers Who May Have Retired Too Early As a baby boomer who has opted for early retirement, you may be grappling with how to make your retirement funds stretch out over the years ahead. You’re wise to do so — especially if you’re not even 60 yet. 5 Cities Becoming Popular With Baby Boomers: Are […]

Choosing the Right Seniors Reverse Mortgage

Choosing the Right Seniors Reverse Mortgage : Tailoring Solutions for Seniors In the United States, the population of adults aged 65 and older stands at a staggering 54.1 million, a number that continues to grow with each passing year. As these individuals approach their golden years, financial stability becomes a paramount concern. Many seniors are […]

What is a reverse mortgage

What is a Reverse mortgage  With the average monthly Social Security check a scant $1,693.88 in 2023, many seniors struggle to find ways to survive in the face of rising inflation. In an effort to increase their incomes and remain in their homes, some turn to tapping the equity they’ve accrued in those homes, via a special form […]

How to Pay for Home Care

People are using Reverse Mortgages as a way to kep loved ones at home versus nursing homes.

How to Pay for Home Care When a chronic health condition, recovery from an illness, dementia, or even the normal aging process makes it difficult for a senior to live at home safely, in-home care can provide the supervision and assistance they need to age in place. However, families are often concerned about how much […]