What not to do when taking out a reverse mortgage this fall

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For older homeowners, a reverse mortgage can sound like a perfect solution. After all, this borrowing tool allows you to turn home equity into cash without having to sell your property or factor monthly loan payments into your retirement finances. And, with home values still elevated right now, and many retirees feeling the squeeze from higher everyday costs due to inflation , the appeal is obvious. The money from a reverse mortgage can cover essentials, fund medical care or simply offer

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What not to do when taking out a reverse mortgage this fall http://www.cbsnews.com - 30.09.2025 15:30

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What not to do when taking out a reverse mortgage this fall http://www.cbsnews.com - 30.09.2025 15:30