A new research paper could shed some light on retirees’ unwillingness to tap their home equity in retirement, in spite of its ability to generate cash flow for those who need it.
Forbes
Jack Guttentag makes a bold recommendation regarding how reverse mortgage-funded annuities can be a major assistance for seniors who are house-rich and cash-poor.
A column at Forbes examines some of the ways in which the COVID-19 pandemic has changed the face of American retirement, and includes at least one instance where a reverse mortgage loan may be useful in meeting the needs of affected seniors.
A prospective reverse mortgage borrower can certainly benefit from taking out the loan, but should also keep other facets of it in mind according to a new Forbes article.
Four potential methods for using home equity in retirement, including taking out a reverse mortgage, are explored in a straightforward way at Forbes.
A column at Forbes aims to inform people about potential alternatives to reverse mortgages for accessing home equity.
For someone looking for a hedge against property value risk, a senior may not need to look any further than a Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) loan. This is according to Jack Guttentag, aka the “Mortgage Professor,” in a new column published by Forbes. Tied to the motivation for someone to […]
A key determining factor of someone’s ability to build wealth in America is homeownership, and as retirement faces a mounting series of challenges, that ability to build wealth can factor crucially to an older individual’s retirement plans. Employing the housing asset can be an important piece of building wealth even more for people of color, […]
One often overlooked tactic that seniors can employ when seeking to pay down outstanding debt in retirement is the strategic use of a reverse mortgage loan, one of several options that an older American can use when examining their finances during their post-working years. This is according to contributor Bob Sullivan and editor John Schmidt […]
While Home Equity Conversion Mortgages (HECMs) have significant potential as financial tools for seniors who are trying to create cash flow in retirement, sometimes the benefits of HECMs can lead to a series of mistakes made by their borrowers. Access to an influx of cash can sometimes lead to irresponsible spending, with that cash chipped […]
