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Entries Tagged ‘Reverse Mortgage’

Reverse Mortgage Industry Is Growing

I am hearing that the reverse mortgage industry is poised for a strong 2011. There is a continuing, growing need for reverse mortgages just as new products and lower pricing promise to open up the market to more seniors.  However, the reverse industry faced some serious challenges in 2010. The continuing drop in housing pricing […]

Is a Reverse Mortgage right for you?

How do you know if a reverse mortgage is right for you? Did you know that there were sweeping changes to Reverse Mortgages in October? The Federal Housing Administration has launched a new reverse mortgage called the HECM Saver. It’s available effective Oct. 4, 2010. In exchange for borrowing a lower amount, the HECM Saver […]