Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. A ...

If you're at or near retirement and looking for a new mortgage, it might call for more preparation than any previous home purchases. While many in their 60s and 70s are still working full time and ...

ORANGE COUNTY, CA, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- As reverse mortgages continue to gain popularity among homeowners age 55 and older, more ...

Cash-strapped American seniors are turning to reverse mortgages, a controversial type of loan that soared during the ...

Longbridge cuts its proprietary reverse mortgage rate to 7.99% and raises the principal limit factor to help seniors tap more ...

With a reverse mortgage, you borrow against the equity in your home, freeing up cash. Here’s what that means when it comes to taxes, senior benefits, and interest rates. It feels like everything costs ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living expenses. — Senior ...

LADERA RANCH, CA, UNITED STATES, December 19, 2024 /EINPresswire.com/ -- As the financial needs of senior homeowners continue to evolve, the concept of a second ...

NEW ORLEANS (WVUE) - With property insurance costs in Louisiana spiraling out of control, seniors are increasingly turning to reverse mortgages for financial relief. Alison Calamaia at America’s ...