In 1986, dropping mortgage rates below 10% was cause for celebration, but while 7.5% might seem high now, it's historically reasonable, and waiting for 3% rates to return is unrealistic; however, we might see rates around 5.5% by next summer due to potential policy changes.

Maintaining a healthy credit history is vital in today's financial climate, and by debunking common myths, understanding key credit influencers, and seeking guidance, individuals can make informed decisions about their financial future

Today's regulated reverse mortgage programs offer seniors a secure way to tap into their home equity, providing financial flexibility and peace of mind, though it's essential to understand its benefits, potential drawbacks, and to seek professional guidance before making a decision.