Reverse Mortgages and Long-Term Care: The Pros and Cons Planning for the care of a loved one can be a daunting task. Many of the questions that arise during the process will consider the type of care that may be needed — for example, will your loved one be able to stay at home with […]
Does the lender own my home
If I take out a reverse mortgage loan, does the lender own my home? No. When you take out a reverse mortgage loan, the title to your home remains with you. Most reverse mortgages are Home Equity Conversion Mortgages (HECMs). The Federal Housing Administration (FHA), a part of the Department of Housing and Urban Development […]
I Don’t Believe Inflation is Just 6.5
I Don’t Believe Inflation is Just 6.5% Right Now (And I’m Thinking You Probably Don’t Either). On Thursday, the Bureau of Labor Statistics released the latest consumer price index report for December, which showed an annualized inflation rate of 6.5%. This means that the federal government thinks prices have increased 6.5% since one year prior. Does […]
7 Traits for a good Financial Adviser
7 Traits for a good Financial Adviser Getting good financial advice isn’t just about stocks and bonds. It’s about the relationship and trust you have with your adviser. Here’s how to evaluate whether your professional is doing a good job and is the right fit for you. Thanks to steady technological advances, financial advisers now […]
