by sgomes | Sep 29, 2023 | Housing, Reverse Mortgage
Modern reverse mortgages are designed from inception to maintain a substantial amount of equity in the home. In most situations home equity also continues to grow over time as the home’s value increases. It is important to know your options at the end of a reverse...
by sgomes | Sep 22, 2023 | Home Equity, Mortgage Rates
A home equity loan and a home equity line of credit (HELOC) are both types of loans that are secured by a borrower’s home. However, there are some key differences between a home equity loan and a HELOC. A home equity loan is a fixed-term loan that is granted by a...
by sgomes | Aug 25, 2023 | Economy, Housing
According to a recent report by the California Association of REALTORS® (C.A.R.), the California housing market is showing signs of stabilization. Despite rising interest rates, the demand for California housing remains resilient, and the market continues to be...
by sgomes | Jul 20, 2023 | Housing
Many people mistakenly believe that peak fire season takes place during the hot summer. Contrary to popular belief, however, September and October are the most vulnerable months for wildfires, with peak fire season running from July-October. The autumn months are most...
by sgomes | Jun 8, 2023 | Housing, Reverse Mortgage
Content contributed by Choose Reverse, NRMLA, Statista, Longbridge and FHA: Baby Boomers are sitting on trillions in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA). These homeowners are seeking different retirement solutions to...