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Forbes: How Reverse Mortgages Work, Who They’re Suited For

posted by admin on 05.10.2020 in Press Release | Comments Off

A reverse mortgage can be thought of as similar to a conventional mortgage, but where the “roles are switched,” according to a new column at Forbes. They’re best suited for seniors encountering mounting costs late …

Shall You Dance? Study Finds Dancing Helps Seniors Avoid Falls

posted by admin on 02.10.2020 in Press Release | Comments Off

Preventing falls in older age could be as fun as dancing them away, new research shows. Researchers found a 31% reduction in falls and a 37% reduction in fall risk for those aged 65 and …

Seniors in Better Savings Position Than Younger Generations

posted by admin on 28.09.2020 in Press Release | Comments Off

Consumers at or over the age of 62 reported less difficulty in paying for a bill or expense, though other factors including household income and whether or not they live in metropolitan areas also affected …

Mortgage demand from homebuyers now up 25% from a year ago

posted by admin on 25.09.2020 in Press Release | Comments Off

After a brief lull to start the month, mortgage demand surged ahead yet again — even with the highest interest rates in several weeks. Total mortgage application volume increased 6.8% last week from the previous …

Retirement Crisis Deepens as Pandemic Drives Unemployment

posted by admin on 21.09.2020 in Press Release | Comments Off

The effects of the COVID-19 coronavirus pandemic on unemployment in America have led to most recent estimates placing the national unemployment rate at 11.1% as of June 2020, up from 4% one year prior according …

Poll Finds Pandemic Surge in Loneliness Among Older Adults

posted by admin on 18.09.2020 in Press Release | Comments Off

The constraints of the coronavirus pandemic have many more older adults feeling lonely this summer than in years past. According to a new poll, many older adults are feeling isolated while they protect themselves from …

Mortgage rates notch new low

posted by admin on 14.09.2020 in Press Release | Comments Off

Mortgage rates sank to an all-time low — again. The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10, reaching 2.86 percent — a new low since …

U.S. News: Reverse Mortgage Can Provide Path to Paying for In-Home Care

posted by admin on 07.09.2020 in Press Release | Comments Off

Because of the new realities that have afflicted the American healthcare system and its capacity to provide care during the COVID-19 coronavirus pandemic, many seniors may be looking at options beyond nursing homes or care …

Get Moving, Seniors: It’s Good For Your Brain

posted by admin on 05.09.2020 in Press Release | Comments Off

Want to give your brain a boost? Go for a swim, take a walk, or spin your partner on the living room floor. A new study finds that aerobic exercise can improve older adults’ thinking …

Forbes: Seniors Not Preparing Enough for Healthcare Costs in Retirement

posted by admin on 31.08.2020 in Press Release | Comments Off

Health expenses in retirement remain a major influence on the ability for seniors to maintain stability in their post-working lives, but remain surprisingly overlooked as seniors plan out their retirement finances. This is according to …

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