Mobile Mortgage News

Seniors using reverse mortgages to repair diminished nest eggs

posted 152 weeks ago on Reverse Mortgage Loan Blog

Seniors' portfolios hammered by the stock market decline are getting a boost from reverse mortgages. Such mortgages allow seniors to get monthly payments based on the equity value in their homes - the amount that the value of the home exceeds any mortgage on the home. It's reported that in recent months the number of reverse [...]a Seniors using reverse mortgages to repair diminished nest eggs
Read...


Related Headlines

Search: