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Reverse mortgages are one of those financial strategies that have come full circle. When first introduced, they were highly touted as a viable solution to helping retirees stay in their homes while generating tax-free monthly income. Essentially, for the cost of a one-time origination fee, the homeowner would tap into their equity, stop making mortgage payments and create an income stream to supplement Social Security,  

It is a time to buy, time to save, and a time to stimulate the economy!  Buy and save sounds like an oxymoron doesn’t it?  But it’s not in this case.  Right now we are seeing bottom home sale price opportunities while seeing very low interest rates! In the past we have benefited from low interest rates