Reverse mortgages, home equity loans and home equity lines of credit (HELOCs) all allow you to tap into your home equity. Despite this similarity, the three have some key differences, especially ...

Reverse mortgages are a financial product for older homeowners that allows them to tap into the equity they’ve built up in ...

Kim is a freelance contributor to Newsweek’s personal finance team. She began her career on the Bankrate copy desk in 2010, worked as a managing editor at Macmillan and went full-time freelance ...

The simple act of withdrawing money during the downturn not only becomes a taxable event, but it's also going to be an ...

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

With a home equity line of credit (or HELOC), you can borrow against the equity you have in your house to access a revolving line of credit for things like ongoing home renovations, college ...

When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.

Paying back a reverse mortgage is necessary upon death or selling the home, and there are ways to repay the funds early.

Home equity loans and HELOCs have lower interest rates than credit cards, encouraging some homeowners to use them to pay off ...

Your home is one of your biggest financial assets. If you’re retiring, it may also be more space (and expense) than you need.

Americans with mortgages hold a record $17.2 trillion in home equity, according to updated ICE Mortgage Monitor data. If you’re among homeowners who’ve seen your home value soar, tapping into ...

The best reverse mortgage companies offer fast closings, flexible repayment options, and more. Find out which reverse ...