Reverse mortgages are made so that people who are retired or getting close to retirement can keep getting money or use it for other things as they age. Even though it might not be right for everyone, it is a good choice for many. Here are some...
According to Eastern philosophy, when God makes a problem, he or she also makes a way to solve it. In some ways, modern financial thinking is the same. There are many things that can go wrong with money, but luckily there are ways to fix...
Ever wonder how a reverse mortgage works? People who have lived in the same house for a long time could be sitting on a gold mine. In the last thirty years, home prices have gone up a lot, and in the last ten years, they have nearly doubled...
With a reverse mortgage, people over 62 can get money from the value of their home.
The homeowner can do whatever they want with these funds.
Some people have used the money to pay for long-term care or to fix up their...
Rates for reverse mortgages are the same as rates for regular mortgages, and when you apply for a reverse mortgage, you should do everything you can to find the lowest rates you can. Even though shopping around takes time, you can help yourself...
A few years ago, it seemed like almost every company went public with an IPO to get money from investors. Now, since smaller companies can't use this route, entrepreneurs, angel investors, and employees are looking more and more at the...
In the OTC Bulletin Board Market, there is a lot of wrongdoing, and a lot of money is made as a result. Regulators are trying to solve the problem, but they can't stop it without taking drastic steps that will hurt the small and micro-cap...
Once upon a time, there were three kingdoms in the world of finance. The most famous was also the most snobbish and wealthy, and its people were well-known all over the world. Its king was the New York Stock Exchange (NYSE), and the king ruled...
Home mortgages are an important part of loans, but we'll focus on this one. One of them is called FHA. The National Housing Act of 1934 created the Federal Housing Administration (FHA), which is a government-owned company. Its goal is to improve...
Predatory lending is at an all-time high because the real estate market is still going strong after five years of skyrocketing prices and low interest rates. The term doesn't have a clear meaning, but it usually refers to lenders who go out of...