*Collaborative Post
If you’re feeling the economic pinch, you aren’t alone. It’s October 2022, and inflation on grocery prices reached a downright obnoxious 13.5% increase over the past year. Those on fixed incomes often scramble, borrowing money from friends and family and sometimes visiting food pantries.
However, there may be a way to lower your expenses and free up the equity in your home with a reverse mortgage. You may qualify if you have paid off a substantial portion of your original note. This avenue has many advantages – is it right for you? Here’s what you need to know about reverse mortgages.
Continue reading “What You Need to Know About Reverse Mortgages”
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