E823: Rising rates impact reverse mortgage payouts.

What this episode covers

EPISODE #823 AARP notes interest rate impact on would-be reverse mortgage borrowers [AARP] “Just as they are for homeowners or would-be homeowners with conventional mortgages, higher interest rates are bad news for people who have or are considering reverse mortgages. But not entirely, and not necessarily in the ways they might think.” Other Stories: [New York Times] Boomers bought up the big homes and they’re not budging [Market Watch] I’m running out of options: Mother-in-Law can’t pay her bills.