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How Does a Reverse Mortgage Work?

The words “reverse mortgage” are circulating more and more these days. Advertising campaigns featuring Alex Trebek and Tom Selleck appear on T.V. with gentle promises for seniors of being able to get money from their home with little to no risk. Why? Because America is getting older. The 80 million strong baby boom generation has […]

5 Ways to Save on Your Home Utility Bills

This blog post was updated on February 17, 2021.  For many homeowners, one bill that they can’t escape from is their monthly utility bill. The average residential monthly electric bill was $115 in 2019, which equals a whopping 1,380 per year. If you want to save on your utility bills, applying these five energy saving […]

What Does it Mean to Refinance a Home Mortgage?

For many consumers, their largest single monthly bill is the cost of their home. When they factor in mortgage payments, property taxes and other costs of home ownership it can equal a significant portion of their monthly paycheck. Ideally, these expenses should equal no more than 26 percent of your monthly budget. However, if you […]

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