When does a reverse mortgage make sense? - Lowell Sun

Story date: 2008-04-22 05:57:00
Added on: 2008-04-26 03:55:10

Although they have been around since the 1980s, reverse mortgages are gaining in popularity. People 62 and older are considering them due to a variety of circumstances: Housing prices are down, people are living longer, Social Security is not paying ...


Read more...

Related Stories:

• Reverse Mortgages Making Headlines

  Best Syndication - Leaving aside the glitter and glamor of “Jumbo” reverse mortgages and those for second homes and vacation properties, a...
  2007-11-16 03:54:00

• Reverse mortgages offer options for seniors and their families (WQAD Moline)

  A new form of mortage is gaining popularity with baby boomers. But you still need to know all the details of a...
  2008-05-18 10:40:37

• Reverse mortgages gaining popularity in an upside-down economy - Oregonian

  John Lok/The Seattle Times Marlene Laffoon, 73, got a reverse mortgage in 2003 for her Snohomish County home. She and her husband...
  2008-12-08 02:46:00

• Local Real Estate Entrepreneur is Looking for Partners for a Joint ...

  PR Inside - Reverse mortgages for seniors are gaining popularity today, says Maupin. With business cutbacks and less opportunity for pension programs,...
  2008-02-13 05:54:00

• Reverse Mortgage Pitfalls - Forbes

  Reverse mortgages are a way for elderly people to draw an income (either in installments or a lump sum) against the equity...
  2008-07-23 05:55:00

• Do your homework before getting a reverse mortgage - KOMO-TV

  While thousands of people are losing their homes to foreclosure, others are using their homes as a last resort, borrowing against the...
  2008-05-01 05:39:00

• Thursday's editorial

  Parsons Sun - We have all seen the commercials with actor Robert Wagner inviting people to get more information about reverse mortgages....
  2008-01-03 10:39:00

• Beware reverse mortgages

  Newstalk ZB - The Auckland Law Society is urging elderly people think carefully before launching into a reverse mortgage. The Society's Public...
  2007-12-28 04:23:00