Reverse mortgage worth considering - 2004-03-28
I've always cherished the quote from British novelist Angela Carter, who wrote: "Home is where your heart is."

And now, seniors are increasingly using their home to borrow money through reverse mortgages.

I'm always cautious in my advice to folks who want to use their home to borrow money. However, I think a reverse mortgage -- even as complex as it is -- is worth a look if you're elderly and have little in the way of savings or investments.
Read the full story at Contra Costa Times

Fringe benefits - 2004-03-28
Historically low interest rates got lots of people to buy or refinance their homes over the past year. Now a growing number of mortgage lenders and airline companies are sweetening the pot by offering some popular perks.

They are giving away airline miles, money for college and gift cards to people getting home loans, listing with a real estate agent, refinancing a mortgage or hiring a moving van. In many cases, people can get enough miles to take a trip.
Read the full story at Star-Telegram