Reverse mortgages get second look amid coronavirus chaos. Reverse mortgage originators are fielding higher-than-normal inquiry levels from borrowers and financial advisors. At a time when the stock market is behaving like an oscilloscope and 401(k)s are shrinking away, reverse mortgages have sparked a renewed level of attention as a potential source of stability amid an […]
Reverse Mortgages Can Provide Retirement Income
Reverse Mortgages Can Provide Retirement Income Tapping home equity is often an overlooked possible source of income for those with fixed resources, and considering the home equity that seniors have access to, reverse mortgage products should be considered when coming up with a retirement funding plan. This is according to Stephen Resch, VP of retirement […]
Retirement Income Stabilizer
Mortgage Professor’ to Launch ‘Retirement Income Stabilizer A forthcoming program aimed to stabilize retirees’ finances will help connect the dots for those striving to establish their post-working life’s income. The program is being established by Jack Guttentag, a.k.a. “The Mortgage Professor,” who has long been a proponent of reverse mortgage use. He identifies issues ranging […]
Should I Get a Reverse Mortgage
Should I Get a Reverse Mortgage? The Motley Fool A reverse mortgage isn’t right for everyone and it does have some drawbacks, but for certain people, it can be a solid solution to retirement income needs. by Selena Maranjian. You can go other places, all right — you can live on the other side of the […]
