Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...

For a long time, data has suggested that older Americans are the largest cohort of homeowners — and increasingly, new homebuyers — in the U.S. But the mortgage industry has had issues adequately ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages allow seniors to borrow without adding to ...

Despite a raft of what might seem like contradictory economic data points and a challenged housing market, the reverse mortgage industry largely proceeded as normal based on key performance metrics ...

* Company reviews and categories are based on information collected between March and April 2025. The sample rates currently featured are based on the most recent government data on reverse mortgages, ...

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...