Linda Meltzer

The cents of money is about financial education, here to teach and inspire you about money, seek new ideas, and to create greater comfort in your world about one of life’s great stresses. Linda wants to use her financial skills honed by her professional experience to help others.
Understanding Reverse Mortgages for Seniors
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Understanding Reverse Mortgages for Seniors

Author: Linda Meltzer

Seniors with equity in their homes who intend to stay there and want to supplement their income are turning to reverse mortgages. They are gaining popularity when the price of groceries, gas, and other goods rises due to inflation. According to a recent report, roughly 480,000 reverse mortgages are currently outstanding in the U.S., which…