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Issue 41.16 Today when it comes to financing your home either with buying a home today or refinancing a home today, it seems the paperwork is over the top and it feels like the e needs list never ends. We see all of the ads on television talking about a rocket mortgage or a quick […] Issue 36.16 When I am working with many of our senior clients on mortgage planning someone will always say, “Why would I ever look at a 30 year mortgage when I will never pay it off at my age.” So, this month, let’s just take a simpler approach to mortgages as a senior. Let’s say […] Issue 31.16 If you are like any of my senior client’s that are on fixed income, anytime we can lower our payments or increase our income, no matter your age, we would always take advantage of the opportunity. This past month with interest rates again hitting a two year low, everyone is refinancing or looking […] Issue 26.16 Sometimes when clients are moving to St. George I hear our real estate community talk about our summer days cooling down in the evening and mornings to give us some break from those 100 degree days. . Sometimes it feels though it is not until the middle of the night when we get […] Issue 21.16 I get these questions on a weekly basis. Am I too old to re-finance my mortgage? And, secondly how far below my current interest rate does the market have to drop before it makes sense for us to re-finance? First, we are never too old to re-finance from a qualifying standpoint! If you […] Issue 16.16 I love the commercials you see on Television with a Reverse Mortgage. The actors show elderly couples and then just state the obvious that the Reverse Mortgage is government Insured and you control the title of the home as do your heirs. They really never explain why this is an option for seniors […] Issue 11.16 As our baby boomers continue through their retirement, the Department of Housing and Urban Development or HUD / FHA is projecting that 60% of our retirees over the next decade will need to tap into the equity of their homes as part of their overall retirement. Let’s try and put that in perspective! […] Issue 6.16 Well, February brings with it the St. George parade of Homes. We expect this year’s parade to have the same enthusiasm as we had in 2006 and 2007 when homeowner’s were a little more secure in choosing to purchase a home. Values in homes today are back on the rise. Likewise, the economy […] Issue 1.16 In a perfect world, by the age of 65 we should be free of all debt. Isn’t our retirement, supposed to include a paid off home and no credit card bills? The problem is nothing is ever perfect. The last ten years have not gone as they were originally drawn up – correct? […] Issue 47.15 Since a mortgage today has so much oversight with rates and fees; does it matter which lender I choose? I get this question asked on a weekly basis. That is like saying because every bank is FDIC insured does it matter which bank I have my account with? Today, because we are the […] |
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