Reverse mortgages bail out some older owners (The Santa Rosa Press Democrat)
Story date: 2007-12-27 04:13:45
Added on: 2007-12-27 13:00:07
Reverse mortgages used to be a way for homeowners to get extra cash during retirement. Now they're also being used for a more pressing purpose: helping people who are struggling to meet payments on high-interest-rate loans to keep their homes.
Read more...
Related Stories:
-
The reverse strategy with mortgages
Arlington Heights Daily Herald - Reverse mortgages used to be a way for homeowners to get extra cash during retirement. Now they're...
2008-01-18 10:36:00 -
Reverse loans have downside (The Clarion-Ledger)
With food and gas costs soaring and credit hard to come by, homeowners are increasingly turning to reverse mortgages for extra cash...
2008-05-27 11:08:33 -
Reverse strategy
Arlington Heights Daily Herald - Reverse mortgages used to be a way for homeowners to get extra cash during retirement. Now they're...
2008-01-17 10:11:00 -
A Way for Older Homeowners To Back Out of a Bind
Wall Street Journal - Reverse mortgages used to be a way for homeowners to get extra cash during retirement. Now they're also...
2007-12-24 03:59:00 -
10 Tips: Is a reverse mortgage right for you?
MSNBC - Such loans are an alternative to selling your home or borrowing against your home if you need money. Reverse mortgages...
2007-11-26 03:56:00 -
Reverse mortgages for seniors (KETK 56 Tyler)
EAST TEXAS-- Seniors who need some extra cash for retirement may be living right there in the answer. Experts say there has...
2007-10-31 02:04:41 -
Know the facts about reverse mortgages
Hattiesburg American - Reverse mortgages are being offered as a solution for older homeowners who are exploring ways to tap into the...
2007-10-05 03:39:00 -
What are reverse mortgages? - Louisville Courier-Journal
A: Reverse mortgages are designed for older homeowners who have substantial equity. They receive money that need not be repaid until the...
2008-07-03 01:22:00