Julian Garcia

While refinancing a home is primarily used for either reducing a monthly payment or raising some needed cash, a third and underutilized option is to refinance in order to shorten a period of indebtedness. One of the ways that senior homeowners can do this is by getting a Home Equity Conversion Mortgage (HECM). This is according to a new article in Chicago’s Daily Herald by Jack Guttentag, a.k.a. The Mortgage Professor, who has long been a proponent of reverse mortgage use. Entire Article https://reversemortgagedaily.com//the-mortgage-professor-/

Yes, millennials really are buying homes. Here’s how: https://www.forbes.com//yes-millennials-really-are-buying/

Are you a part of the 38% of Americans ready to buy? https://www.housingwire.com//49377-nar-more-americans-are-

Reverse Mortgages may be a good retirement strategy option for Seniors. Just as single-income families began to vanish in the last century, many of America’s elderly are now forgoing retirement for the same reason: They don’t have enough money. Rickety social safety nets, inadequate retirement savings plans and sky-high health-care costs are all conspiring to make the concept of leaving the workforce something to be more feared than desired. Entire Article: http://money.com//5643076/america-elderly-workforce-double/

It is no secret that Millennials are making up the largest share of homebuyers. It's a matter of what kind of homeownership they are in search for. Entire article: https://www.cnbc.com//millennials-are-ready-to-make-lifest