Tag Archives: reverse mortgage

Paying off the mortgage early is an idea with obvious appeal, but not one that many middle-class home "owners" pursue. If your interest rate is so good that the bank just made a bad bet in giving you that low rate, you might want to continue enjoying the benefits as long as possible. In many other circumstances, however, paying off the mortgage can be a fine money management move indeed. [Below are 10 sound reasons to do so.] Words: 1588

There may be a case where a reverse mortgage makes sense in very unique circumstances but, in real life, I’ve not seen one yet. If someone you know is considering taking out a reverse mortgage, send them this article and suggest that they get a second opinion.

My parents are more stressed now than ever before as a result of the combination of healthcare costs and income squeezes. The threat of bankruptcy for them is a big one, as is foreclosure on their family home. This has inspired me to write this article (guide) for seniors on how to deal with the financial stress in their lives. I hope you find useful.