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2018 Reverse Mortgage Interest Rates On The Rise!

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What Rising Interest Rates in 2018 Mean for Reverse Mortgage Borrowers Interest rate increases impact reverse mortgage borrowers differently from how they impact forward mortgage borrowers. While gains in short-term rates have a minimal effect on the amount of loan proceeds reverse mortgage borrowers may be eligible to receive, hikes in longer-term rates can significantly reduce their borrowing power over...
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Will the Brexit Impact Reverse Mortgages?

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As you have heard by now, Brexit happened. The United Kingdom voted in referendum in June to leave the European Union. Though nothing catastrophic has happened as a result, there will likely be some slow changes taking place across the real estate landscape in the U.S. in the coming years, especially when it comes to the housing market. Since...
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All-Time Low Fixed Rate Reverse Mortgages

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All Reverse Mortgage® is an Award-Winning HUD Approved Direct Lender. Compare our NEW 3.99% (5.86%APR) Fixed Rate and Save Thousands! - Request Free Quote! - Many senior borrowers who start looking into reverse mortgages are not aware of it, but there is a NEW Lower fixed rate reverse mortgage (HECM) available. The HECM or "Heck-um" as you may hear it...
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Reverse Mortgage Fixed Rate Unusable Funds Explained

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All Reverse Mortgage® is an Award-Winning HUD Approved Direct Lender. Compare our NEW 3.99% (5.996%APR) Fixed Rate and Save Thousands! – Request Free Quote! – *Fixed interest rates are subject to change without notice. 3.99% Fixed product not available on HECM Purchase transactions.  If you have decided that you’d like to use a reverse mortgage to tap into your home equity...
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Rising Rates, HELOC Resets Create the ‘Perfect Storm’ For Reverse Mortgages

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Senior homeowners may be looking at a combination of events that could equate to the perfect storm brewing that doesn't even appear on most of their horizons.  There is a combination of events, those that have already happened; those that are going to happen; and those likely to happen, that could leave many senior homeowners in a real bind.  So...
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Which is Best? Fixed vs. Adjustable Rate Reverse Mortgages

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All Reverse Mortgage® is an Award-Winning HUD Approved Direct Lender. Compare our Lower Rates, Lower Fees & Save Thousands! - Request Free Quote! -  If you've made the decision to stay in your home, but you’re not sure if your savings will allow you to do so, a reverse mortgage could be a potential solution to help you achieve financial stability. But different reverse mortgage...
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Variable Rate Reverse Mortgages Explained

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All Reverse Mortgage® is an Award-Winning HUD Approved Direct Lender. Compare our lower rates, lower fees & Save Thousands! - Request Free Quote! -  Variable rate reverse mortgages are more flexible than fixed rate loans due to the fact that fixed rate loans require that you take all your money in a lump sum draw at one time when the loan closes.  The adjustable rate loan...
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