High HECM interest rates have created their share of challenges but also opportunities…
Continue readingWhen high HECM interest rates are a selling point
Older homeowners should know about this letter to the Fed
Older homeowners should know about this letter the housing industry just sent to the Federal Reserve. Here’s what the letter says…
Continue readingIt’s time to raise the interest rate floor
Why it’s time for HUD to increase the HECM’s interest rate floor.
Continue readingPart 2: Exclusive Interview with Jack Guttentag
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Part 2 of our interview with Jack Guttentag:Â Rising Mortgage Rates and HECM Impact
In part two of our interview The Mortgage Professor discusses rising mortgage rates, proposed interest rate disclosure to borrowers, longer interest rate lock periods, industry preparedness for a rising interest rate market and more.
Visit the Mortgage Professor at www.MTGProfessor.com.
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