NRMLA speakers outline reverse mortgage sales strategies

“Consumers that have credit cards, HELOCs, any other debt with adjustable rates could feel this impact more directly with an increase, because those rates do usually follow the Fed much more closely,” she said. “The payments or interest costs can increase and put additional pressure on household budgets. For homebuyers, short-term movement in interest rates…

Saudi Arabia said Friday that it shut down the kingdom’s crucial East-West crude oil pipeline as a precautionary measure after multiple attacks by drones launched from Iraq. The drones targeted the pipeline in the Riyadh and Medina regions Thursday morning causing fires and some damage, the Saudi government said. Several people were injured in the…

Seven Senate seats. At least 24 House districts. Five governorships. Twelve state legislative chambers. By Wednesday afternoon, that’s how far Democrats’ historic midterm rout had reached. Republicans, meanwhile, had yet to flip a single Democratic-held congressional seat, governorship or state legislative chamber, according to Associated Press data. Their remaining opportunities for congressional pickups are largely…

Some home buyers are making purchase decisions based on the proximity of potential data centers, even as their construction becomes a lucrative revenue source in certain parts of the country, a new Redfin report says. Processing Content More than half, or 53%, of U.S. residents expressed opposition to data center construction in their neighborhoods, according…

Subscribers of the Employee Provident Fund Organisation (EPFO) are now allowed to withdraw the maximum eligible funds, including the employee and employer shares, as per a Labour Ministry release last year. The EPFO’s Central Board of Trustees (CBT) approved the simplified withdrawal rules, which allow EPF members to access up to 75% of their total…

“Sex and the City” star Chris Noth is moving on from his longtime New York City apartment, listing the luxe Greenwich Village dwelling for nearly $1.5 million. Noth, 71, who famously starred as Mr. Big in the hit HBO series, is bidding farewell to the one-bedroom, 1.5-bathroom abode more than three decades after purchasing it…