We often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to make a purchase, too. Although the current housing market isn’t the best for buyers, waiting for it ...

How to prepare to secure a mortgage ...

If you’re at or near retirement and looking for a new mortgage, it might call for more preparation than any previous home purchases. While many in their 60s and 70s are still working full time and may ...

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 ...

How old is too old for a 30-year mortgage? It's just one of a number of questions that older Americans face when they are looking to buy a home later in life.

A reverse mortgage isn't available for every homeowner. Typically, you'll need to be age 62 or older to qualify, leaving this option available mostly for senior homeowners. But if you meet the age ...

Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...

What can you tell me about reverse mortgages? When my husband passed away last year my income dropped almost in half, and I’ve been struggling to keep up with my monthly living expenses. — Senior ...

There's a lot to digest in the Housing and Economic Recovery Act of 2008. I've addressed a few provisions of the new law already, and over the next several weeks I'll continue to comment on various ...

Adam Zeman expands Bank Statement and 1099 loan programs to help Wisconsin self-employed borrowers qualify without ...

Under the Equal Credit Opportunity Act, lenders can’t discriminate against applicants because of their age. As a result, seniors — like people in other age groups — can get mortgages if they meet a ...