There are two ways to look at a reverse mortgage. First: Only get a reverse mortgage if you absolutely have to. Doing so will encumber a home you should own outright, limiting your ability to move or pass the home on to your family. Second: A reverse mortgage lets you […]

Tim Jones: All Things Real Estate Q: My wife and I need to refinance out of our current first mortgage. We bought our home three years ago with a first-time buyer program, which required us to pay interest-only for 36 months then, after 36 months, the interest rate goes sky-high […]

Personal Loan vs. Home Equity Loan: Which Is Better? Loans, especially personal and home equity loans, can be a good way to pay for a major home project or handle a financial emergency. But before you apply for either type of loan — or an alternative, such as a home […]