A commonly used interest rate index officially ends on June 30, 2023
FTC Finalizes Order with Marriott and Starwood Requiring Them to Implement a Robust Data Security Program to Address Security Failures
Archive for Reverse mortgages
If you have an adjustable-rate mortgage, reverse mortgage, HELOC, student loan, or credit card, your interest rate may be based on the LIBOR index, which is being discontinued
The federal foreclosure moratoria are set to expire July 31st, and lenders and mortgage servicers can start foreclosing on homes as soon as August 1st
As a result of the economic uncertainty caused by the COVID-19 pandemic, scammers may be targeting older homeowners through reverse mortgage schemes
We released several new resources to help older homeowners
decide whether to borrow a reverse mortgage
You might see enticing images of youthful retirees on the golf course or enjoying other leisure activities in a reverse mortgage advertisement
Reverse mortgages are a type of loan that allows homeowners, 62 and older, to borrow against the accrued equity in their homes
More and more homeowners are considering tapping their home equity as they approach retirement age
