Reverse Mortgages

July 13, 2010 at 2:03 pm Leave a comment

The number of homeowners taking out reverse mortgages tripled from 2005 to 2009. Is a Reverse Mortgage right for you?

Maybe, but it is a decision that needs to be carefully weighed. Here is a short video explaining some of the key positive and negative points regarding these types of loans.

http://online.wsj.com/video/personal-finance-minute-reverse-mortgages/52A87C5D-694F-48E4-B670-234C16A5568C.html

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US 30-Year Mortgage Rates Fall to a Record 4.57% The Month of June in Real Estate

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