Some seniors turning to reverse mortgages (Daily Bulletin)

Story date: 2007-09-13 06:25:32
Added on: 2007-09-13 23:00:17

Using a home equity line of credit, David Casey and his wife Joyce made some much-needed improvements around their house. New carpet. Updated plumbing. But the credit line's interest kept jumping, pushing their monthly payment to nearly $1,000 from $600.


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