New study shows retirement could mean lower standard of living for Americans

The Center for Retirement at Boston College released a study estimating American’s readiness for retirement. The study assumes people will retire at 65, and will take out a reverse mortgage on their houses for additional [...]; . . . → Click Here to Read the Full Article

50-Year mortgages latest gimmick to cut monthly payments.

First they had 20-year mortgages and then 30-year mortgages and then interest only mortgages and now — 50 year mortgages! These are not designed to be held to maturity. (If you did hold one [...]; . . . → Click Here to Read the Full Article