Learn how to tell whether your situation makes a reverse mortgage a good idea or a bad one.

Financial counselors help individuals and families budget, pay off debt, manage credit, set financial goals, and improve their financial health.

You can take funds from your retirement account for immediate and pressing financial needs. But you'll pay a price for doing so.

Should you refinance now? Which companies offer good rates? How can you lower costs and still get the amount you need? Browse Investopedia’s expert-written library to learn more.

Repayment is the act of paying back money borrowed from a lender in accordance with a loan's terms.

A lock period is the window of time over which a mortgage lender must keep a specific loan offer open to a borrower.

Learn what happens if you have a reverse mortgage on your home and you're hit by a tornado

Learn about the most common mistakes to avoid when selling your home. Don’t put the sale at risk by committing one of these misdeeds.

Reverse mortgages can help fund your retirement, but make sure you select the right payment option to avoid outliving yours.

A short refinance is the refinancing of a mortgage by a lender for a borrower currently in default on payments.