Archive for February, 2008
What A Reverse Mortgage Calculator Won’t Tell You
What A Reverse Mortgage Calculator Won’t Tell You,
While a free reverse mortgage calculator might be able to give you an idea of how much you could borrow, none will be able to tell you something that is far more important, and that is how much equity will be left in your home after a period [...]
January HECM Activity Rebounds
January HECM Activity Rebounds,
Rebounding from four consecutive months of below average performance, the number of HECM reverse mortgages originated rebounded in January posting the fourth best monthly performance on record. The 9,957 HECM’s approved in January represented a 24% increase over the 8,007 HECMs endorsed in the prior month (December 2007) and a 13% [...]