Posts Tagged ‘prevent foreclosure with reverse mortgage’

Percentage Over 65 Still Paying a Mortgage Doubles to 40%

Percentage Over 65 Still Paying a Mortgage Doubles to 40%

  According to a new report from Harvard University’s Joint Center for Housing Studies, as of 2010, “40 percent of households 65 and up were still paying a mortgage.”  In 1992, according to the report, there were only about 18 percent over... (Continue reading)

Understanding The Black Swan… Thy Name is Retirement

Understanding The Black Swan... Thy Name is Retirement

Reverse mortgages can help us deal with the Black Swan event we're most familiar with today... the meltdown in home prices that began in 2007 and left tens of millions of American homeowners "underwater," or in other words, owing more... (Continue reading)