CNBC Select names the best lenders for non-QM loans, including New American Funding and CrossCountry Mortgage.

Yesterday's headlines say mortgage rates have fallen. But they've risen since Wednesday and are now at a two-week high.

For many seniors, one of the biggest concerns when approaching retirement is what to do with their home. Two of the most common options are taking out a reverse mortgage or selling their home outright ...

The typical monthly payment on a median-priced $439,450 home at today’s 6.5% mortgage rate is roughly $2,222. (That’s assuming a 20% down payment and excluding tax and insurance.) Last week, a ...

Finance of America Companies helps retirees by offering a range of home financing options, including reverse mortgages and home improvement loans as well as home-sharing services. As of April 2023, ...

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 ...

For many retirees, rising living costs and limited income can make financial stability feel out of reach. A reverse mortgage, also known as a home equity conversion mortgage (HECM), may offer a ...

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 ...

Reverse mortgages are specialized home equity loans for homeowners age 62 and up. A reverse mortgage gets its name because instead of the homeowner making payments to a lender, the lender makes ...