General World News

Newsweek turns eye toward reverse mortgage pros and cons

A reverse mortgage has potential utility for a homeowner in the right situation, but loan terms must be observed closely to remain in good standing and avoid the possibility of foreclosure. This is according to a look at the reverse mortgage product category published by Newsweek.

As part of its recently launched “Newsweek Vault” subsite, which vets financial products and provides analysis from sources judged to be financial experts, the publication assembled a series of pros and cons about reverse mortgages by assessing things including loan terms, borrowing limits, tax and insurance requirements, details ⇒

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