For many seniors, home equity represents a substantial portion of their wealth. However, accessing this equity while maintaining homeownership can be challenging. This is where Home Equity Conversion Mortgage (HECM), commonly known as a reverse … [Continue reading]
What’s Ahead For Mortgage Rates This Week – April 1st, 2024
As expected from the prior inflation reports with CPI and PPI, the PCE index had also shown the same corollary among its data points, reporting a higher than expected increase for the month of February across all products. In addition, the Chicago … [Continue reading]
A Consumer Guide To Second Mortgages
In the realm of personal finance, the term "second mortgage" often emerges as a solution for homeowners seeking additional funds. But what exactly are second mortgages, and how do they work? Join us as we embark on a journey to unravel the basics of … [Continue reading]
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