The altblog.

A home equity conversion mortgage or HECM converts your home equity into debt. They boost cash flows in retirement by eliminating mortgage principal and interest payments. You can extend your retirement, age in place, and life the life that makes sense for you!

Paying for origination fees and discount points could help lower your rate by 1% or more and save $100K or more in mortgage interest. Here's what you need to know when paying for points...