You worked hard for your home; let it work for you. Compare reverse mortgage pros and cons with the ease of selling as-is in retirement.

For many retirees, rising living costs and limited income can make financial stability feel out of reach. A reverse mortgage, also known as a home equity conversion mortgage (HECM), may offer a ...

If you're planning to take out a reverse mortgage, there are unique considerations to think about in this market.

With a reverse mortgage, the bank gives you a lump sum of money you can use for meeting your needs. The loan is paid back ...

Before you get too excited, let’s discuss the pros and cons of this product.

One of the first reverse mortgage programs had such negative ramifications that it was labeled a “black eye” for the industry. That specific program, however, is nearly as old and outdated as some of ...

A reverse mortgage can be useful in some cases. When it comes to reverse mortgages, the first note should always be one of caution. These are extremely popular vehicles for scams and fraud, both ...

Fed rate cuts may be reshaping borrowing costs, but reverse mortgages follow different rules than other loans.