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Money.ca on MSNI’m 69 with a $250K reverse mortgage hanging over my head — should I use up most of my nest egg to pay it off?"A reverse mortgage is a type of loan for homeowners, usually aged 55 or older. It allows you to borrow money from your home equity without selling your home. You may do so by converting a portion of ...
Think you can afford a $1 million home? A real estate expert breaks down the salary you really need—and it’s more than most ...
Month Car Loan PhenomenonI slid into the dealer’s driver’s seat, felt the leather hug my palms, then froze at “72 months.” ...
Annual spending on home improvements has been down in recent years, but that’s expected to change in 2025 with a 1.2 percent increase in renovation spending, according to a report by the Joint Center ...
My partner and I have been together for several years, but we are not married. We are buying a house together — joint ...
If you’re contemplating tapping your home equity, you’re not alone: Almost 30% of homeowners say they would consider ...
A local loan officer has been honored for her role in helping people achieve their dreams of homeownership.
Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...
The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...
David Leskovar of Bindable discusses ways in which lenders can enhance the borrower experience, by unlocking new revenue ...
The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...
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