Heritage Reverse Mortgage Blog

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Beat the 2022 Recession with a Reverse Mortgage

Beat the 2022 Recession with a Reverse Mortgage

Have we entered the 2022 Recession? Normally, a Recession is defined as “two consecutive quarters of declining GDP." First and second quarters of 2022 were both negative so technically we should be in the 2022 recession but no politician is willing to admit that a...

Interest Rates are Rising, Last Call to Refinance

Interest Rates are Rising, Last Call to Refinance

Inflation is taking off. What does that mean for Interest Rates? Inflation in the US is higher than it’s been since 1982. If you remember 1982 you probably remember your 18% Mortgage rate. So, if inflation is taking off now does that mean we’re heading for 18% rates...

Downsize with a Reverse Mortgage

Downsize with a Reverse Mortgage

A downsize with a Reverse Mortgage could be an excellent option to live better in retirement. Life Happens It’s amazing how dramatically life can change from year to year. My wife and I have six kids all under 12. I can see already that our housing needs are going to...