Seniors and mortgages

  • Los Angeles Times - Feb 22 4:03 PM
    Amid the loan market crisis, more seniors are turning to reverse mortgages. IMAGINE a scenario in which, instead of struggling to come up with the money for a mortgage payment that's resetting to a higher level, you could tap the unused equity in your home not only to pay off that loan but also to have money for living expenses, remodeling, traveling or even investing in a vacation home. For ...
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