Posts Tagged ‘birminghamreversemortgage’
Legacy Perceptions Continue to Shape Views of Reverse Mortgages
Thanks to Morningstar and Longbridge Financial, highlights nine legacy perceptions that continue to influence how retirees think about reverse mortgages. Reverse mortgages and other senior home equity solutions have evolved significantly over the years. However, many people, including older homeowners and their heirs, still hold outdated beliefs rooted in myths and misconceptions about these products.…
Read More3 things retirees should know about reverse mortgage rates now
There are a few big things retirees should know about reverse mortgage rates in today’s market. The Federal Reserve announced its first rate cut of 2025 yesterday, lowering its benchmark rate by a quarter of a percentage point. After holding steady for months in the face of stubborn inflation, the Fed is now signaling that…
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