The most popular type of reverse mortgage is the federally insured reverse mortgage backed by the U.S. Department of Housing and Urban Development, known as a Home Equity Conversion Mortgage, or HECM.
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What you should know about reverse mortgages
Posted by mortgage 1 day 1 hour 50 minutes ago (Editorial)What happens to a $300,000 mortgage if interest rates go up by 1.5 per cent?
Posted by mortgage 33 days ago (Editorial)
It's scary--and it shouldn't be
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Posted by mortgage 41 days ago (Editorial)
LUCKEY - After faithfully paying her mortgage for years, Belinda Brooks worries that she might lose the house she has made into a home for her family.
What factors go into refinancing?
Posted by mortgage 100 days ago (Editorial)
Dear Dr. Don, I have $98,000 left on a home mortgage. It's a 30-year fixed at 5.5 percent. I'm nine years into this mortgage. Is refinancing a good option? I plan to be in my house at least another five years.
What factors go into a refinancing decision?
Posted by mortgage 100 days ago (Editorial)
Dear Dr. Don,I have $98,000 left on a home mortgage. It's a 30-year fixed at 5.5 percent. I'm nine years into this mortgage. Is refinancing a good option? I plan to be in my house at least another five ...
What to Do To Find the Right Florida Commercial Real Estate Property
Posted by mortgage 113 days ago (Editorial)
Investing in Florida commercial real estate can be a little bit tricky. It does not only face a lot of competition and property options, finding the right mortgage lender in the state can be quite difficult too.
What Happens When You Walk Away From Your Home?
Posted by mortgage 113 days ago (Editorial)
Does it make sense to keep paying a massive mortgage, knowing that it might be decades before a home regains its prior value?
What Determines Your Mortgage Rate?
Posted by mortgage 197 days ago (Editorial)
Understanding mortgage rates can be frustrating. Maybe you've been shopping around for the lowest mortgage rate and are wondering why no one will quote you the rates you've seen advertised or
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