With the novel coronavirus COVID-19 becoming a pandemic and changing life as we know it in the US, stock markets globally have lost trillions of dollars of value in the past month. Now, not only do we have to protect our health, but we also have to protect our wealth. At times of severe market […]
Being retired should be some of the best years of your life. Yet, so many on a fixed monthly income find themselves struggling to make ends meet… choosing between paying their mortgage, monthly bills or groceries. If you find yourself in a similar situation, a Home Equity Conversion Mortgage (HECM) may be the answer you […]
According to a recent survey of seniors, 80% were concerned about their ability to age-in-place due to the cost. Sixty percent have less than $10,000 in savings (including investments and retirement plans), and debt among seniors has never been higher. Nearly half of homeowners ages 65–79 carry a mortgage. In addition, seniors are living longer […]
When the Federal Reserve lowers interest rates, it provides an exciting opportunity for those looking to buy real estate. But what about seniors who are happy in their homes—can lower rates help them? Refinancing or getting a home loan as a senior can be difficult, especially if you’re on a fixed income. The good news […]
Well-meaning children may prevent their parents from moving forward with a transaction that would truly benefit them.
Is your mortgage payment “strangling” you? Are you worried about which bills to pay on your fixed income?
Aging in place benefits many seniors: familiarity with the neighborhood and routine of life can reduce stress and add years to your life.
Don’t let nagging bills and other finances drag you down. There is a solution!
A survey of seniors overwhelmingly chose one product that proves reliability, accessibility, expandability, flexibility, and insurability. And no, it is not a HELOC.
