After the Federal Reserve announced it had lowered its rate by a half percentage point many Americans assumed it was time to refinance. So, around the country, thousands of people called their lenders to start the process. There are many facts you must gather and consider first. How long is your current mortgage? Does it [...]
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Have you been considering a reverse mortgage but are just afraid of some of the negative things you’ve heard? There are some negative myths that senior borrowers have heard about this type of financing that simply aren’t true and we’re going to expose some of those here. Myth #1 The Lender gets my house. This [...]
Posted in Business and Finance | Tagged amp, misconceptions, mortgage, myths, reverse, uncovering |