Should seniors consider a reverse mortgage now? | Prime Living

Savvy Senior

 

Last updated 9/23/2020 at 11:19am

A reverse mortgage is one option to consider for seniors on fixed incomes who are looking for a way to reduce monthly expenses and keep their homes.

Dear Savvy Senior,

What can you tell me about reverse mortgages? The coronavirus damage to my retirement account has me considering it, but I want to make sure I know what I'm getting into.

– Cash-Strapped Senior

Dear Cash-Strapped,

Massive job...



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