As credit card balances hit new highs, many Americans are feeling the strain. According to the Federal Reserve Bank of New ...

Reverse mortgages: Homeowners 62 and older can use a reverse mortgage to tap into their home equity while continuing to live ...

"Someone who is maxing out a HELOC is at risk of putting themselves in a sticky situation financially and may find that it ...

Here are five effective ways experts say you can maximize your retirement income now.

Debt forgiveness isn't for everyone, but for the right borrower, this type of debt relief can provide a path out of ...

Reverse mortgages come with significant upfront expenses. You'll likely pay origination fees, closing costs, mortgage insurance premiums and servicing fees. These charges can add up to thousands of ...

Another way a home equity loan can save you money is by financing home improvements that directly increase your home's value.

An annuity can be a smart bet for retirement, but there are certain points when it may not make sense to buy one.

The current average mortgage rate on a 30-year fixed mortgage is 6.57%, according to the Mortgage Research Center. The average rate on a 15-year mortgage is 5.53%, while the average rate on a 30-year ...

Not all seniors qualify for reverse mortgages. In fact, there are a few different factors that can impact approval.

Total annuity sales hit a record $385 billion in 2023, jumping 23% from the previous year's already-record performance, ...