By Mable Buchanan You’ve heard it before: If something seems too good to be true, it likely is.
Yesterday in his popular State of the Market YouTube series, Chief Income Strategist Marc Lichtenfeld tackled one of the financial world’s most insidious products – which is also one of its most tempting ones.
Especially when they’re peddled by stars like Tom Selleck…
I’m talking about reverse mortgages. Reverse mortgages offer borrowers a dazzling amount of money upfront or in installments, and they have to be paid back only after the borrower moves out of the house or passes away.
It sounds like the perfect solution for aging in …read more
