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What Is a Reverse Mortgage?

Mayra Paris 4 hrs ago A reverse mortgage is a kind of loan that allows you to cash out your home’s equity while you still live in the house. © Kiersten Essenpreis for Money Primer-Reverse-Mortgages Instead of making monthly mortgage payments to the lender, the way you would with a traditional mortgage, the lender pays […]

4 tips for building your credit score

wavebreakmedia / Shutterstock Even if you’re approved for a mortgage, you’ll never be offered a spectacularly low rate without a stellar credit score. Raising your score is a surprisingly attainable goal. Here are four ways to give it a boost: 1. Let experts monitor your score Keeping tabs on your credit score is critical to […]

HUD extends foreclosure, eviction moratorium

January 22nd, 2:11 AM EST Updated: January 22nd, 2:11 AM EST By News Staff Associated Press WASHINGTON (CBS19 NEWS) — The U.S. Department of Housing and Urban Development has extended a moratorium on foreclosures and evictions. According to a release, this is for single-family mortgages insured by the Federal Housing Administration or guaranteed by the Office […]