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Understanding Adjustable-Rate Reverse Mortgages
The Mortgage Professor: The fixed-rate, adjustable-rate decision
Jan. 12, 2015
By JACK GUTTENTAG The Mortgage Professor (Tribune News Service)
A reader caught me off guard the other day by saying that she had counted 28 articles on adjustable-rate mortgages on my website, but all of them pertained to standard mortgages. Not one applied to reverse mortgages, and she wondered whether that was because the issues were exactly the same? I winced at that, because the issues are not the same -- not even close.
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