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What Is An Interest-Only HELOC?
Consumer Affairs· 6 days agoHELOCs provide a maximum line of credit that can be drawn down and repaid repeatedly. During the draw period, HELOCs have interest-only payments based on a variable interest rate. How does an interest-only HELOC work?
'The Worst House on the Block': Here's Why This Couple Bought a Fixer-Upper Victorian
San Francisco Chronicle· 21 hours agoThe couple recently purchased a Victorian for $360,000—a bargain in Ferndale, CA, where homes are...
Couple trapped in $700k home they 'can't move out of' despite paying mortgage
The US Sun· 3 days agoTwenty-four years ago, Apel and Irwin purchased their four-bedroom home on two acres in Lebanon, New...
A Belleville duplex is deteriorating. HUD and a squatter are calling the shots.
Belleville News-Democrat via Yahoo News· 2 days ago“There are a lot of professional squatters out there. They just move from place to place to place...
7 Ways To Get Help When You’re Broke in Retirement
GOBankingRates via Yahoo Finance· 2 days agoRetirement should be a time to enjoy your family, travel and relax without financial stress. However, many Americans are increasingly concerned about the...
Americans Are Starting to Feel Optimistic About Retirement Again: Survey
The State· 5 days agoNearly 68% workers and 74% of retirees now express confidence they’ll have enough money to live comfortably throughout retirement. Results from a new retirement survey indicates that a majority ...
Flats are back in vogue as ‘race for space’ reverses
Daily Telegraph· 2 days agoWhile there are fewer first-time buyers in the market than in recent years, they made up more than half (53pc) of all homes purchased with a mortgage...
Does Medicare cover long-term care costs?
CBS News· 2 days agoFor example, if you need nursing home services, the average cost for a semi-private room in a nursing home is over $104,000 per year. The price for a...
HUD walks back some proposed changes to HECM for Purchase program - HousingWire
HousingWire· 5 days agoThe U.S. Department of Housing and Urban Development (HUD) on Friday announced that a proposed change to the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program ...
Why Keeping Your 401(k) After Retiring Could Be a Smart Savings Decision
The State· 5 days agoStaying in a well-managed employer plan can be especially advantageous for retirees with less savings and less financial experience. New retirees face a lot of big decisions that can help or ...