Adding Reverse Mortgages to Retirement Portfolios

by Ricardo Cornejo, GEI Associate Reverse mortgages have proved to be the ultimate safety net for homeowner senior citizens as they walk into retirement without much cash into their pockets. Reverse mortgages provide monthly payments, a line of credit or a lump sum payment to the homeowner according to the value of their home at a …

New Home Sales Tumble 12.6% – Stock Market Does Not Care

New home sales in the New Normal are almost redundant. The markets have written off any construction resurgence for the short and medium term.