Mortgage rates notch new low
Mortgage rates sank to an all-time low — again. The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10, reaching 2.86 percent — a new low since …
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U.S. News: Reverse Mortgage Can Provide Path to Paying for In-Home Care
Because of the new realities that have afflicted the American healthcare system and its capacity to provide care during the COVID-19 coronavirus pandemic, many seniors may be looking at options beyond nursing homes or care …
Get Moving, Seniors: It’s Good For Your Brain
Want to give your brain a boost? Go for a swim, take a walk, or spin your partner on the living room floor. A new study finds that aerobic exercise can improve older adults’ thinking …
Forbes: Seniors Not Preparing Enough for Healthcare Costs in Retirement
Health expenses in retirement remain a major influence on the ability for seniors to maintain stability in their post-working lives, but remain surprisingly overlooked as seniors plan out their retirement finances. This is according to …
Seniors Face Serious Spending Challenges in First 5 Years of Retirement
In the first five years of retirement, American seniors are likely to face significant financial challenges in making ends meet. According to a survey of Americans who retired between 1992 and 2014 conducted by the …
Reverse Mortgages Can Be ‘Relief Valve’ for Bear Markets
Reverse mortgages aren’t cheap for seniors and should be avoided particularly for short-term needs, but recent research has identified an effective use of the product concept for those who have investments during volatile periods of …
5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked
These days, things are changing so fast, it’s tough to keep up. That’s especially true in the mortgage industry, where interest rates and the overall home loan landscape are shifting with such head-spinning speed, it’s …
Money.com: ‘Everything to Know’ About Reverse Mortgages
As more American seniors find themselves economically impacted by the COVID-19 coronavirus pandemic, more of them may be looking at new financial options that they may not have considered before in order to make ends …
Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans
As mortgage rates continue to decline to new record lows, prospective home buyers are facing a frustrating situation: Cheap financing is everywhere, but there’s seldom a home to buy. The 30-year fixed-rate mortgage averaged 2.88% …
U.S. News: Reverse Mortgage Is One Way To Stay at Home During Pandemic
As employment options decline and older Americans remain at a heightened risk of developing severe cases of COVID-19 during the global pandemic, a reverse mortgage can be one tool that allows seniors to remain a …
