Millions of Americans struggling to make their monthly mortgage payments because of COVID-19 have received relief through the Coronavirus Aid, Relief, and Economic Security Act. But mortgage forbearance is only temporary, and set to expire …
The economic toll of the COVID-19 coronavirus pandemic becomes more visible with each passing week, and for those who are looking at avoiding an adverse effect on retirement accounts and savings, a reverse mortgage may …
The economic volatility currently being caused by the COVID-19 coronavirus pandemic has made generating retirement income more difficult, which is why “outside the box” solutions should be on the table for American seniors. One such …
Reverse mortgage applications are up during a time when many senior homeowners are looking for “lifeline” to help lessen sequence of returns risk, writes CNBC in an article published Monday. Further, some advisors are taking …
The retirement savings of Americans — while initially shielded from some of the immediate economic shock stemming from the COVID-19 coronavirus pandemic’s effect on the stock market — were nonetheless exposed to considerable risk by …
In terms of its financial impact and implications, no market, investor or consumer has been spared the effects of the COVID-19 coronavirus pandemic. However, there are still some opportunities that can be taken advantage of …
A Certified Financial Planner (CFP) recommends that for homeowners looking for a fast source of cash during the coronavirus pandemic, home equity – and specifically a reverse mortgage – could be an avenue worth exploring. …
A reverse mortgage has the potential to help retirees weather unexpected or emergency expenses in retirement, and should be seen as a viable path that can help certain seniors make ends meet. This is according …
The coronavirus crisis has heightened financial anxiety and uncertainty. But if buying a home has been part of your life plan, there’s no need to panic. Many Americans will receive stimulus payments in the coming …
Reverse mortgage applications are up during a time when many senior homeowners are looking for “lifeline” to help lessen sequence of returns risk, writes CNBC in an article published Monday. Further, some advisors are taking …
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