Financial planner: Reverse mortgages can help retirees with high property taxes

A retired public school teacher living in the Pacific Northwest told MarketWatch that he is feeling stressed by high property taxes on a fixed income and asks if he would be a good candidate for a financial adviser. One planner solicited for input thinks that a reverse mortgage could be a worthy con
Read MoreMBA issues support for real estate finance bills debated by Congress

The Mortgage Bankers Association (MBA) announced on Wednesday a series of legislative recommendations, which it sent to the chairman and ranking member of the U.S. House of Representatives’ Financial Services Committee as the body considers the markup of proposed bills centered on real estate financ
Read MoreSupreme Court denies HomeServices’ petition in commission suit

The U.S. Supreme Court has denied HomeServices of America’s request to hear its argument that the Eighth Circuit Court of Appeals wrongly rejected arbitration agreements with unnamed class members in the Sitzer/Burnett commission lawsuit, according to a court docket entry on Monday.In a writ of cert
Read MoreHome prices kept climbing at a brisk pace in March: First American

U.S. home prices grew by 0.9% from February to March, according to First American Data & Analytics’ national house price index released Tuesday. This growth trajectory follows a revised upward figure of 1% price growth from January to February, and prices are now 52% higher than pre-pandemic levels
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