IRVINE, Calif., Jan. 28 /PRNewswire/ -- Like many other industry participants, Hollywood actor and AAG spokesperson, Mr. Peter Graves is concerned seniors are not receiving the right message about reverse mortgages. Working with AAG has provided some personal insight for Mr. Graves and now, reverse mortgages have become an important issue for him. "Of course, I'm a senior myself and I know how many thousands of seniors are out there struggling and looking for answers. I am all for reverse mortgages and what we're trying to do is … (1 comments)
mortgages: Are Reverse Mortgages right for you?
- 01/25/10 01:27 PM
Unfortunately there are a lot of misconceptions regarding reverse mortgages. It actually is a great product that can help many. I have found that people above age 62 have spent a lifetime paying in to their investment / their home and just are not able to make it month to month on there SS and / or fixed income. To date, reverse mortgages have helped many, either rid there current mortgage and there monthly payment affording them a more comfortable living, or supplement there income by opting to take monthly installments made available by their reverse mortgage. Others have opted to … (1 comments)
mortgages: Tuesday's update
- 05/27/08 03:06 AM
I hope everyone enjoyed their weekends! There are just a couple of interesting reports that I want to share today. First, consumer confidence came in below expected as consumer inflation expectations peaked. As a result of concerns of inflation, mortgage bonds are becoming lower. Next, new home sales were reported above expectations of 520,000 coming in at 526,000. Also the unsold new home inventory dropped from 11.1 months to 10.6 months. Last, Money magazine reports that in the year 2006, 46% of the mortgages taken by home buyers were 95% LTV or greater. Here's to a good and lucrative week!
Legendary Actor and AAG Spokesperson, Peter Graves, Speaks Out for Reverse Mortgages
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