Mortgage

A mortgage is a loan you take out to buy property like a house or condo. Different mortgages have different rates, and a lower rate can save homeowners a lot of money. That’s why it’s important to shop around. Comparing your options helps you understand what’s available and make the right choice for your financial […]

When people retire, they may have trouble making ends meet. According to a survey by Bankrate that was reported by CNBC, 65 percent of Americans have very little or nothing saved for their retirements, leading more than half to struggle during retirement. One option that many older adults might have available to them to help them to make ends meet during their retirement years is a reverse mortgage. Eligible homeowners may be able to use the equity in their homes to supplement their retirement incomes.