Reverse Mortgages with Fixed Rates

Posted on June 23, 2008 - Filed Under Finance | Leave a Comment

Reverse mortgages with fixed rates have become increasingly popular since the new HUD FHA program was introduced.

Since the development of the reverse mortgage program by HUD, only adjustable interest rates have been offered.  With the recent news stories spreading fear about the “danger? of adjustable rate mortgages, it is understandable that many seniors have been more than a little hesitant of the reverse mortgage with an adjustable rate.

This is a preview of Reverse Mortgages with Fixed Rates. Read the full post (588 words, estimated 2:21 mins reading time)

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Seniors benefit from Reverse Mortgage Competition

Posted on June 13, 2008 - Filed Under Finance | Leave a Comment

Reverse Mortgage Lenders are offering better rates and more incentives as the competition in the reverse mortgage industry continues to grow. 

This is a preview of Seniors benefit from Reverse Mortgage Competition. Read the full post (616 words, estimated 2:28 mins reading time)

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