Here’s how Fairway’s reverse mortgage for purchase works: you use your own funds to make a down payment on a new home and use ...

A reverse mortgage is a financial tool that empowers homeowners aged 55 or older to unlock up to 55% of their home's value as tax-free cash. Unlike traditional home equity lines of credit or ...

Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants ...

Homes in the United States have historically appreciated over time. This appreciation can help new homeowners build equity ...

If you’re planning to purchase a second home or refinance an existing one, current second home mortgage rates can significantly ... Last, reflect on whether you intend to use the property ...

A mortgage is a type of loan used to buy a home. If you can’t afford to pay for a house in cash, you use the money you do have on hand for a down payment, then borrow the rest with a mortgage.

PIMCO Dynamic Income Fund (PDI) offers a 15% yield with high returns but also increased risk, making it a buy for aggressive ...

Guild Mortgage is one of the largest home lenders in the U.S. originating ... Guild also provides reverse mortgages, bridge loans and financing for manufactured housing, which many lenders ...