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Senior Scene: From the Office: Reverse mortgage: What it is and how it works

Like any other kind of mortgage, a reverse mortgage is a loan that must be paid back. However, so long as the homeowner abides by the terms of the mortgage, the loan does not come due until the last o... read more

Reverse mortgage loan: What is it and how does it work?

A reverse mortgage is a type of home equity loan for older homeowners. It does not require monthly mortgage payments. The loan is repaid after the borrower moves out or dies. It is also known as a hom... read more

RCS: Is The Yield Worth The Risk?

The fund has seen strong short-term performance, with agency mortgage-backed securities holding ... eye on going forward to make sure the figures do not reverse course. This is primarily because RCS d... read more

Is rent-to-own the solution if you can’t get a mortgage?

READ MORE: Reverse mortgage: Is this the solution if you retire cash-poor? Locking in the purchase price also allows buyers to work toward down payments without ... homebuyer who has signed a contract ... read more

NuMark Credit Union Seminar Helps to Make Medicare Clear

What are the different parts of Medicare and how do they work? How much does it cost? Who is eligible ... See NuMark Credit Union for auto loans, mortgages, free checking accounts, business services a... read more

The 2018 Nissan Leaf Has a Mysterious Transmission Tunnel, and Four Other Things You Should Know

Forward is for reverse, back is for drive, and back again is for B-mode, which is an increased regenerative braking. It works, I don’t hate it, but it does make me a little uncomfortable. If you hop i... read more

Rare Columbia River salmon fishing closure mix of bad ocean, bad river conditions in 2015

The Hanford Reach remains open, as does the Snake ... that WDFW has done good work rehabilitating fall chinook. He points to increased runs since the fish were first listed in the ’90s. “This one down ... read more

SpaceX Plans to Send Man to Moon, but Will He Get There?

As reverse thrusters slow it down ... These are part of a long laundry list of problems SpaceX must overcome. SpaceX does not have the huge budget NASA had when it launched Apollo rockets in the 1960s ... read more

Ask a real estate pro: When relatives make bad tenants, what are your options?

Q: I own a home that my sister is living in, where she pays the mortgage and is supposed to take care of ... Unfortunately, this does not always work, and even family sometimes will not cooperate desp... read more

How Does A Reverse Mortgage Work?

(CBS) — It’s a tax free source of income, but only 2 percent of seniors take advantage of it. CBS 2 Cost Cutter Dorothy Tucker shows who could benefit the most from a reverse mortgage. “It gave my dad ... read more