Reverse mortgages gain popularity as the population ages - St. Petersburg Times
Story date: 2008-06-21 01:22:00
Added on: 2008-06-21 01:47:28
Patti Combs, 79, got a reverse mortgage that paid off the $417,000 mortgage on her Treasure Island home, saving her the $2,800 a month she was paying in principal and interest. Reverse mortgages may offer peace of mind, but beware their high fees ...
Read more...
Related Stories:
-
How the Housing Law Affects Reverse Mortgages - US News and World Report
Here's how the new law affects reverse mortgages and what you still need to be wary of. Instant cash— with strings ....
2008-08-18 01:00:00 -
Reverse mortgages: Right for you?
KUSA-TV - KUSA – 2008 is expected to be a big year for the reverse mortgage industry. Reverse mortgages are loans for...
2007-12-29 01:30:00 -
Reverse mortgages have their own complications and can be expensive - Delaware Online
The Aug. 11 article regarding reverse mortgages seemed to be promoting them. People should be aware of the pitfalls. Anyone who’s at...
2008-08-21 02:08:00 -
Letter: Be wary of reverse mortgages
Chico Enterprise-Record - If the government is willing to insure and ensure any reverse mortgage loan with a financial mortgage lender will...
2007-10-24 12:10:00 -
Reverse mortgages rise (The Record Searchlight)
Pick up a newspaper, magazine or turn on the TV and it's good bet you'll see an ad for a reverse...
2008-02-25 05:52:26 -
The latest on reverse mortgages - Marketplace.publicradio.org
Scott Jagow: If you're 62 or older and the stock market is eating your retirement, here's something to think about: a reverse...
2008-11-06 05:54:00 -
Look carefully at reverse mortgages (The Morning Call)
Anyone who's at least 62, has significant equity in a home and has a mortgage that's nearly paid up probably knows by...
2008-04-08 01:02:31 -
Alternate ways to buy and sell a house
A Current Affair - This option is available only to those who have paid off their mortgage, usually retirees. Click here for...
2007-12-12 12:42:00