Reverse Mortgage News by HECMWorld

E853: Here's why homeowners may be overconfident in their retirement preparedness.

• [CNBC] Here's why homeowners may be overconfident in their retirement preparedness.
  
• [Money Wise] A 73-year-old with $27K in annual healthcare expenses looks to tap home equity safely.
• [The Motley Foot] Here’s how much Social Security Benefits & Medicare premiums will increase in 2025.

Watch our video podcast here!

E852: Survey shows public employees worried they won’t have enough money to last in retirement

• [Mission Square] Survey reveals the majority of public employees worry they won’t have enough money to last in retirement.
  
• [The Financial Post] Baby boomers and Gen X are taking on more mortgage debt.
• [Fox Money] Retirees with student loan debt risk Social Security garnishments.

Watch our video podcast here!

E851: What in the world is propping up home prices?

• [Housing Wire] What in the world is propping up home prices?
  
• [John Hancock] What concerns baby boomers the most may surprise you.
• [Housing Wire] When is an equity-sharing arrangement a reverse mortgage? One lawsuit seeks to settle this question.

Watch our video podcast here!

E850: The HECM’s 10-Year CMT Rate Climbs After Fed Funds Rate Cut

• [HECMWorld] The HECM’s 10-Year CMT Rate Climbs After Fed Funds Rate Cut.
  
• [Reverse Market Insight] RMI’s Jon McCue returns for this month’s installment of RMI’s Market Minute.

Watch our video podcast here!

E849: What's a Reverse Mortgage Vacation?!

• [HECMWorld] A reverse mortgage vacation? If you haven’t heard of such a thing you’re not alone. To explain we interviewed Movement Mortgage National Reverse Mortgage Director Harlan Accola…  [Listen for Details]
  
• [CBS News] Here’s how much a senior would pay for a $60,000 HELOC.
• [Money Wise] Why the Fed’s rate cut is good news for retirees.

Watch our video podcast here!

E848: A Guide to Downsizing for Retirees

• [Bank Rate] FHA Commissioner: A Guide to Downsizing for Retirees
  
• [Housing Wire] Ginnie Mae: New HECM Demand on the Horizon.
• [CBS Money Watch] Is a Reverse Mortgage or a HELOC Better for Seniors? Experts Weigh In.

Watch our video podcast here!

E847: FHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle

• [Housing Wire] FHA Commissioner: The HECM a Critical Piece of the Retirement Puzzle.
  
• [Yahoo Finance] Survey Reveals Retirees are Happier Than Older Workers.
• [KJZZ Radio] Aging in Place Out of Reach for Most.

Watch our video podcast here!

E846: Boomer Struggles After Retiring to Care for Ailing Wife

• [Housing Wire] NRMLA CEO Announces Retirement at Annual Meeting.
  
• [Business Insider] A boomer struggles to survive on Social Security after retiring early to care full-time for his ailing wife.
• [The Maine Wire] Maine mayor suggests older residents may want to get a reverse mortgage to pay for surging property taxes.

Watch our video podcast here!

E845: Here’s Where Home Equity is Rising & Falling

• [CNBC] Here’s where home values are rising and falling nationwide.
  
• [CNBC] The Federal Reserve slashed the Fed Funds Rate by 50 basis points. How will this impact the HECM’s 10-Year CMT index? 
• [Reverse Market Insight] Our monthly installment of RMI’s Market Minute with Jon McCue for all the latest HECM origination and endorsement trends.

Watch our video podcast here!

E844: Barrons: Barrons: A Reverse Mortgage May Be Good for Those Short of Cash

• [Barrons] A reverse mortgage may be good for those short of cash.
  
• [Clever Real Estate] A recent survey by Clever Real Estate reveals the motivations and pressing concerns of baby boomer homeowners on a variety of subjects.
• [National Mortgage News] Reflecting on two decades of reverse mortgage spokespersons and marketing.

Watch our video podcast here!