It is no surprise the mortgage rates have hit their highest level in seven years, especially because of the previous five weeks of interest rate growth. At times like this, prospective homebuyers are troubled about whether they should buy a house now or wait for the rates to change. If you have waited until now

In the news, reverse mortgages—a form of exchanging equity for money—is often portrayed as dangerous and risky for seniors. For example, the Philadelphia Inquirer stated that the hidden risks, deceptive advertising, targeting of minorities, and nullification of intergenerational wealth transfer are all the main reasons that a reverse mortgage is not a very appealing choice

For many homeowners, paying off their mortgage early would seem like a dream. The dream of ridding oneself of all of the stress that exists with debt from their own home. A mortgage can last decades, and such a debt is daunting to first time homebuyers.  With this in mind, paying off your mortgage early