

Rates may be going up, values may be going up, but what happens when rates drop? Values will keep going up? Well, if 2007 and 2008 don't happen again, why not? They way I see it, the feds used the Housing Bubble Crisis to take control of the largest lenders in the world and now control the housing values through the lenders. It's as easy as 1, 2, 3. The cost to own a home determines how much you can afford, the lower the cost, the more you can afford, the more you make the more you can afford, but if we need to keep the money you make at a stand still, but keep home values rising, we lower the cost to own, and then over time we raise and lower the rate depending on how the economy is doing. This will allow home values to do nothing but thrive while the economy can do whatever it wants with little to no impact on home values. Thus ensuring reverse mortgages will survive without a doubt and eventually most people will want a reverse mortgage or actually the new HECM I should say, by the time they are 62. A free in clear home will be an un necessary risk 4 years from now if it isn't already. It's complicated, if you want to understand more, I want to talk to you, pick up your phone and call me right now, directly at 855-955-SOEZ 7 days a week.Sincerely,MJH