Study Shows Reverse Mortgage Risks (KDKA Pittsburgh)
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Have you seen the rates lately? I still consider anything under 8-10% to be a bargain. We might not see the 3-4% days for a while, but look back many years and you’ll see 8%, 10%, 12%, and even higher! Here’s some recent information that I found….
A new investigation by Consumer Reports discovered reverse mortgages can often lead to financial ruin.