Alexandra Macqueen

Considering a reverse mortgage? Here’s what you need to know

Online only, 04/11/2019 / Comments (0)

While a conventional mortgage advances you funds in order to buy a house, a reverse mortgage is just the opposite: It advances you funds from the house you already own. In this era of declining pensions, increased longevity and costly long-term care, are reverse mortgages a godsend? Or are they another symptom of growing debt?