3 reverse mortgage advantages to know this May

A reverse mortgage has multiple timely advantages for seniors this month. Getty Images/iStockphoto News in late April that the Federal Reserve was keeping interest rates on hold once again, and not proceeding with a rate cut that would benefit millions, wasn't unexpected. But it was still a disappointing development for many, especially seniors and older adults who have been contending with elevated interest rates on everything from mortgages to credit cards for multiple years now. …