A reverse mortgage is a type of home loan for seniors ages 62 and older. Browse Investopedia’s expert-written library to learn about how they work and more.

A reverse mortgage is a home loan that allows older homeowners to borrow against their home’s equity. Unlike a traditional loan, a reverse mortgage doesn’t require the homeowner to make monthly ...

News last week that inflation rose in June, following a previous increase in May, was likely not the development millions of Americans were hoping for. In recent years, inflation has spiked the cost ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Understanding your options — from traditional home equity loans to reverse mortgages — can help you make informed decisions ...

The knowledge and use of artificial intelligence (AI) among older generations is often misunderstood and mischaracterized. But seniors are often following the path of the wider population when it ...

You worked hard for your home; let it work for you. Compare reverse mortgage pros and cons with the ease of selling as-is in retirement.

It’s curious how companies promote the launch of a new product or program but do little to inform consumers when it is no longer available. Financial Freedom Senior Funding Corporation was founded in ...

How does a reverse mortgage work in Canada? An elderly couple happily engaged in a mortgage meeting with a banking specialist. Did you know that over 25% of Canadians aged 55 and older are considering ...