Reverse Mortgages: The Next Subprime Mess?
Read the following paragraphs from an article titled Reverse Mortgages: The Choices Expand ($) that was in today’s Wall Street Journal: In the past, the reverse-mortgage market has been constrained by...
View ArticleWhat Are Your Thoughts On Reverse Mortgages?
Remember back in November when I posted Reverse Mortages: The Next Subprime Mess? Well, the March 2008 issue of Kiplinger’s has a similar article titled A New Mortgage Mess on the Way? Something to...
View ArticleHow Much Does a Reverse Mortgage Cost?
I just did a hypothetical reverse mortgage calculation using this calculator. For the calculation I used a birthdate for the husband of January 1, 1945 and June 25, 1945 for the wife. I also assumed...
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