Matt Cook of HomeTeam Inspection Service spoke about how the growing number of older homeowners is impacting what he sees on ...

Retirees looking for new sources of income are getting some good news in 2025: Reverse mortgage limits are on the rise. For ...

Reverse mortgages allow seniors to borrow against their home equity. If the borrower dies, a reverse mortgage falls to their ...

The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

What’s better than monthly dividends that add up to 7.2% to 15.4% yearly yields? Cheap monthlies thanks to a high level of ...

How do I pay for my retirement? It's one of the most common questions I hear. The prevailing wisdom suggests the average ...

Roberto Jimenez Mejias / Getty Images If you’ve ever seen an advertisement for reverse mortgages, odds are it involved a home equity conversion mortgage (HECM). These federally insured loan ...

Consumer companies fell slightly after slightly softer-than-anticipated retail-sales data. Retail sales, excluding automobiles, gasoline and restaurants, rose 0.4% in December from November levels ...

A mortgage loan servicer is a company that collects payments and manages a home loan. Loan servicers handle many tasks including responding to forbearance requests, cancelling PMI and certifying ...

Major banks have begun increasing mortgage rates in response to renewed economic uncertainty. From tomorrow, Santander is upping rates aimed at home buyers and those remortgaging by up to 0.34 ...

1:51 Poilievre making campaign-style stops, promises to reverse capital gains tax hike Conservative Leader Pierre Poilievre on Thursday promised to reverse the Liberal government’s controversial ...

A HELOC will generally be better for more homeowners in 2025 for a simple reason: it doesn't come with the same age restrictions that a reverse mortgage does. But that's not the only reason why it ...