As the baby-boomer generation ages and the availability of income after retirement diminish, there has been a clear demand for ways for people to tap into the equity in their homes in new and innovative ways. Enter the rise of the reverse mortgage. Update on HR 5140, The Economic Stimulus PlanThe economic stimulus package, HR 5140, […]
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Low Long-Term Mortgage Rates Attract Home Buyers
The mortgage Bankers Association (MBA) announced the number of consumers applying for a mortgage to purchase a home jumped 12 percent in the past week. Update on HR 5140, The Economic Stimulus PlanThe economic stimulus package, HR 5140, is headed for the White House next week. Once signed, lenders can take the housing provisions into effect […]
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Follow-up comment rss or Leave a Trackback[…] What to Know About Reverse Mortgages As the baby-boomer generation ages and the availability of income after retirement diminish, there has been a clear demand for ways for people to tap into the equity in their homes in new and innovative ways. Enter the rise of the reverse mortgage. Update on HR 5140, The Economic Stimulus PlanThe economic stimulus package, HR […] […]