Madison, Wisconsin-headquartered Fairway Home Mortgage has launched Fairway SAFE (Senior Advocacy & Financial Education), a nonprofit initiative dedicated to helping older adults and their families recognize, prevent, and respond to financial scams and...
Finance of America Reverse LLC has unveiled HomeSafe Second Line of Credit, which is being promoted as the “industry’s first second-lien reverse mortgage line of credit.” According to the Plano, Texas-based company, the product enables homeowners age 55 and older to...
It seems the housing market is starting to resemble a “Golden Girls” episode as the rising costs of housing has fueled a growing trend of people over 65 living in roommate settings. According to a data report from the roommate connection platform SpareRoom, while the...
Kentucky legislators are considering a proposed constitutional amendment that would freeze property tax increases for homeowners 65 and older. WDRB reports Senate Bill 51 does not exempt seniors from property taxes but would lock the taxable value of the property from...
Michigan Gov. Gretchen Whitmer is proposing that senior homeowners in her state receive a 10% reduction on their property taxes. CBS News reports Whitmer, a Democrat who is in the final year of her term, will officially announce the proposal in her State of the State...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
