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Showing posts from August, 2010

Reverse Mortgages: Right for You?

With the cost of living and life expectancy continuing to rise, senior citizens are facing a double whammy. Add to that high insurance costs, medical expenses and mortgage payments, some retired individuals are struggling to keep their heads above water without a steady income coming in any more. Looking for a revenue stream, some elderly homeowners are turning to reverse mortgages. Read further at http://www.foxbusiness.com/personal-finance/2010/08/02/reverse-mortgages-right/#content