Reversing fortunes: Retirees expand lifestyles with mortgage option

Story date: 2007-10-21 08:56:00
Added on: 2007-10-21 10:41:54

Record Searchlight - Although homeowners make no payments on a reverse mortgage while living in the home, they are still responsible for paying annual taxes and ... and moving into a smaller home or renting a nice condo and living on the cash proceeds.....The interest rates ...


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