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Should I get a reverse mortgage?
A reverse mortgage can be a powerful retirement planning tool, but they are not for everyone. If you learned about reverse mortgages in the past and decided against them, you should know that there have been some reforms in the past few years that make the upsides stronger. Here's a look...
Is It Time to Refinance?
If you don’t already know, you can refinance a reverse mortgage to take advantage of lower interest rates, and higher real estate values. You can also refinance to add a spouse to the reverse mortgage. Interest rates are at historic lows, and real estate values have increased over the past...
Using Your Home to be Resilient
Resilience seems like the word of the year for 2020.   It's everywhere. On television, radio spots, email subject headlines, and on social media.    Be Resilient. We're Resilient. Resilience. Forever, resilient.    But what does resilience really mean? And, how can we foster more of it in our lives? ...
How A Reverse Mortgage Keeps Retirement On Track
FAR’s Steve Resch Launches National Media Tour   As many states in America begin to emerge from various states of closures, there are still many questions that linger for those who might be thinking about their retirement plans.   Questions like:   How has the current crisis impacted your retirement...
How a reverse mortgage can help in a divorce situation
Sheltering in place with another person for months-on-end can be extremely difficult. As couples self-isolate due to coronavirus, lawyers expect a rise in divorces. The increased divorce rate applies to newly married couples and seniors alike. Marriage splits between Americans age 50 and older have been on the rise in...
Home equity can help keep your retirement on track during a pandemic
Let's face it; times are changing. The economy and financial markets have faced challenges and increased volatility. In the past, financial planners recommended using home equity as a last resort and letting it appreciate over time. However, home equity should be a part of your long-term retirement plan. Here are...