April 12, 2018
Rising Mortgage Borrowing for Seniors
J. Michael Collins et al. have posted Exploring the Rise of Mortgage Borrowing Among Older Americans to SSRN. The abstract reads, 3.6 million more older American households have a mortgage than 2000, contributing to an increase in mortgage usage among … Continue reading
June 21, 2017
Reverse Mortgage Drawbacks
US News and World Report quoted me in 6 Drawbacks of Reverse Mortgages. It opens, For some seniors, reverse mortgages represent a financial lifeline. They are a way to tap into home equity and pay the bills when meager savings won’t … Continue reading
June 21, 2017 in seniors | Permalink | No Comments