With the usual mortgage, you pay on a house. With a reverse mortgage, the house pays you. It's a loan that allows an older homeowner to pull cash out of a home's equity. The mortgage is repaid when the owner dies, sells the house or moves out.
A reverse mortgage can be a way to turn your house into a retirement piggy bank, as long as you don't need to leave it for your heirs.
To find a great rate on a home loan, visit the Mortgage section at Bankrate.com.
The benchmark 30-year fixed mortgage rate inched lower.
The benchmark 30-year fixed-rate mortgage fell one point.
A first-time homebuyer's inexperience can cause some costly mistakes.
Mortgage rates were largely mixed this week.
Mortgage rates posted the first increase of 2014.
Big changes are in store for America's health insurance system. Do you know how it will affect you?
Want to save on insurance? Make sure to check on any new discounts your insurer may be offering.
Rates for new and used car loans were slightly lower this week.
Follow these three steps to raise your credit score now before you start borrowing money.
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A little research could save you BIG on interest.
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