Thursday, March 31st, 2011 at 8:38 PM
Reverse Mortgages
A question not asked in this video with Ted Lange, a reverse-mortgage specialist for Wells Fargo:
Does the loan balance go up? Answer:
Yes, the interest payments are tacked on, based on today’s 30-year fixed rate (which is 5.06%):
Posted on Thursday, March 31st, 2011 at 8:38 PM in Bubbleinfo TV, Mortgage News, Mortgage Qualifying, Reverse Mortgages, Thinking of Buying? | 16 Comments » | 
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