Mortgage Masters Group of Total Mortgage Services, LLC

12/05/2024

Reverse mortgages allow seniors to turn their home equity into income. Compared to a traditional mortgage, they work in “reverse.” Instead of the homeowner making payments to a lender, the lender makes payments to the ho...

10/25/2024

Reverse mortgage could be a retirement ‘answer’...

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For people who are running up against unanticipated financial difficulties in retirement, this is when it might be appropriate to consider options that may not have warranted consideration in the past. One such option th...

10/24/2024

6 Ways A Reverse Mortgage Loan Can Pay For Your Retirement...

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Your monthly mortgage payments will vanish, as long as you maintain the condition of your home, pay property taxes and homeowners insurance.

10/22/2024

Older Homeowners Know Little About Home Equity Products...

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Older homeowners are nearly two times less likely than younger generations to consider using home-equity loans, despite being in a position to benefit the most from these financing solutions — U.S. homeowners age 62 and ...

10/21/2024

Reverse mortgages are no longer something to fear...

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When reverse mortgages are mentioned, the reaction is often similar to offering someone toxic waste.

10/18/2024

Why these 'unretirees' went back to work...

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Yale doctors offer physical, mental health tips for aging in place. The institution turned its attention to seniors who want to remain in their homes in later life.

10/17/2024

Doctors offer physical, mental health tips for aging in place...

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Yale doctors offer physical, mental health tips for aging in place. The institution turned its attention to seniors who want to remain in their homes in later life.

10/16/2024

Dementia patients and caregivers prefer to age in place...

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Despite challenges, dementia patients and caregivers prefer to age in place. But practical realities can challenge these preferences, according to researchers at the University of Pennsylvania.

10/14/2024

Senior-held home equity jumps to $14T in Q2...

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The Reverse Mortgage Market Index increased again in Q2 2024 as senior homeowners added $600 billion in equity.

10/10/2024

Why downsizing is not easy for seniors and families to make...

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A senior care specialist in Ohio explains what to keep in mind when talking with a friend or loved one about downsizing in later life.

10/09/2024

80% of older adults can’t afford to age in place...

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The figure comes from a study by the NCOA and the University of Massachusetts.

10/08/2024

Veterans largely unaware of housing grants for aging in place...

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AARP research shows that many potentially qualified veterans are missing out on grants to modify their homes