Because reverse mortgages are much misunderstood, and because there is a new type of jumbo reverse mortgage that most homeowners don't know about, I'm going to write a series of posts that give real-life stories. Reverse mortgages are much more versatile than most senior … [Read more...] about Jumbo Reverse Mortgage
Mortgages
Gift funds – 25 Percent of First Time Home Buyers Say Yes
Using gift funds for your downpayment? For first-time home buyers, the lack of down payment is among the greatest roadblocks. Family members willing to pitch in financially are a boon to getting into a home sooner than it would happen otherwise. In fact, 25 percent of … [Read more...] about Gift funds – 25 Percent of First Time Home Buyers Say Yes
How to Best Take Advantage of Falling Interest Rates
By now you’ve heard that the Federal Reserve dropped its key interest rate by .25%. How can you best take advantage of these falling rates? I have clients who want to refinance for any number of reasons but originally thought the best approach was to wait for rates to drop … [Read more...] about How to Best Take Advantage of Falling Interest Rates
