My in-laws are in their 80s and on limited social security. My mother-in-law loves to spend, spend, spend and has always been ...

Thinking about a reverse mortgage? Here's what it really takes to get approved for this unique borrowing option.

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money ...

I took out a reverse mortgage, and my current interest rate is 6.75%. I have about $325,000 equity in my home currently, with a reverse-mortgage payoff amount of around $200,000.

If you're concerned that your parents are considering a reverse mortgage, discuss their financial situation with them to help determine if it's the best financial solution.

Hesitant to sign up for a reverse mortgage? CNBC Select outlines the alternatives, including refinancing and home equity loans.

I took out a reverse mortgage, and my current interest rate is 6.75%. I have about $325,000 equity in my home currently, with a reverse-mortgage payoff amount of around $200,000.