Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

Making ends meet isn't always easy during retirement, especially in today's unusual economic climate. Part of the issue is that seniors' debt levels have increased threefold in the last 35 years, ...

Many people realize that they haven’t saved enough for retirement, and see a reverse mortgage as a possible fix. Borrowing against the equity in your home for retirement income can be a good idea. But ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...

Buying a second home can be an appealing way to lock in a vacation retreat or create an income-producing property. But the number of buyers taking out mortgages for second homes has fallen sharply — ...