Tag: Financial Literacy
-
Reverse Mortgage Scams? What Seniors Need to Know.
If you or someone you care about is 62+, you’ll know it’s important to avoid sketchy financial offers targeting older adults. But what about reverse mortgages? From time to time, media outlets point to scams or high-pressure tactics involving reverse mortgages. And it’s true that reverse mortgages are designed for senior homeowners. But are these…
-
Before Applying for Your Mortgage, Get Familiar With the Official Consumer Toolkit
Know Before You Owe is a set of mortgage guides from the Consumer Financial Protection Bureau (CFPB). It shows home loan seekers the steps they need to take to open and handle a mortgage account. It provides detailed information on interest rates, and explains how to find comparable deals on loans, too. This makes perfect…
