by Steve G | Oct 20, 2023 | Finance
Credit to MarketWatch, Fidelity Investments, and Chris Chow/USA Today for their data and insights. According data from Fidelity Investments, Baby boomers are “underwater” in recovering retirement account balances compared with millennials. The 401k account balances of...
by Steve G | Oct 18, 2023 | Finance, Housing
Monday, October 16, 2023 Have you ever considered adding an additional living unit on your property, or purchasing a home with an existing additional unit? These types of properties are popular for generating revenue from both short-term and long-term rental. ...
by Steve G | Oct 13, 2023 | Finance, Housing, Reverse Mortgage
Several factors determine how much money you can borrow through a reverse mortgage. Those factors include your age, the interest rate offered, the home’s value, and how much equity you have in the home. A reverse mortgage calculator will estimate how much money is...
by Steve G | Oct 6, 2023 | Housing, Reverse Mortgage
Modern reverse mortgages are designed to maintain a substantial amount of equity in the home. In most situations home equity also continues to grow over time as the home’s value increases. It is important to know your options at the end of a reverse mortgage. There...