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How Millennial and Baby Boomer Views Differ

According to the 2019 Q4 Homeownership Opportunities and Market Survey from the National Association of Realtors, just 53% of millennials think it’s a good time to buy a home. But boomers? A whopping 70% of younger ones (those born between 1955 and 1964) say it is. Older boomers (born between 1946 and 1954) come in […]

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Americans More Likely to be Equity-Rich

14.5 million residential properties in the United States are considered equity-rich, based on data which indicates that the combined estimated amount of loans secured by those properties was 50% or less of their estimated market value.  Read more…

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Describing the Reverse Product Landscape to Clients

The modern reverse mortgage product landscape has grown in recent years to include a variety of different options that either come with insurance for the lenders by the government, or that don’t include the government at all. As proprietary reverse mortgage options continue to become more prevalent, conversations with clients that are aimed to determine […]

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How Reverse Mortgage Loans Help Retirees Weather Market Storms

Reverse mortgages have often been branded as a way for older retirees to raise money only when other sources of retirement income have dried up. But a growing group of financial planners and academics say that taking out a reverse mortgage early in retirement could help protect your retirement income from stock market volatility and […]

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Habitat for Humanity Extends to Aging in Place in Georgia

A grant program for seniors in the Columbus, Ga. area gives older residents a new avenue to explore for receiving critical repairs and upgrades to their homes in order to age in place, provided by long standing non-profit housing advocacy organization Habitat for Humanity. Read more…

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How to Juggle Work and Caregiving

Many working caregivers report health problems, depression, and lost time and lower productivity at work. If you’re taking care of an aging or ailing family member, you may also find that you have cut back on community involvement and are spending less time with other loved ones and friends. Read more…

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Reverse Mortgage Loan as a Long-Term Care Solution

Several years ago, Dr. Barbara Stucki, a Bend, Oregon, researcher and consultant, completed a study on reverse mortgages for the National Council on Aging. Stucki found one potential approach could be to create a system that more effectively manages long-term care funding for community-based options. One component of the model would be to offer incentives […]

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Seniors Choose Home Over Hospital

Home is now the most common place people are choosing to spend their final days of life, outpacing hospital deaths for the first time in more than half a century, according to a study published Wednesday in the New England Journal of Medicine. Read more…

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Finding Your Right Mortgage Product

Home ownership is a serious commitment, whether you’re a first-time buyer or a seasoned pro. There’s a lot to think about before and after you purchase a home, and it’s crucial that buyers arm themselves with the best information available. Read more…

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AARP: What to Know about Reverse Mortgages

A reverse mortgage is a loan based on the paid-up current value, or equity, in your home. Unlike a conventional mortgage, your lender pays you — in monthly payments, through a variable line of credit or in a lump sum. You don’t have to repay the loan until you sell your house, move or die. […]

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