UNLOCK TAX-FREE CASH FROM YOUR HOMENews from Express.co.uk: The Budget didn’t do much to help pensioners with the freeze on personal tax allowances meaning their tax bills won’t fall in years to come as they do under the current regime. However, if you’re a homeowner there may be a solution. It is called equity release [...]
TexasLending.com to Discuss New Home Sales and the Dodd-Frank Act on Radio …News from Virtual-Strategy Magazine: CEO and president of TexasLending.com, Kevin Miller, and his co-hosts discuss new home sales for February and an update on the Dodd-Frank Act on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio in Dallas. (PRWEB) March [...]
Number of homes in negative equity on the rise: RP DataNews from SmartCompany.com.au: The number of homes with mortgages worth more than the property’s estimated value increased late last year as house prices fell and recent home buyers incurred the biggest jump in so-called negative equity. RP Data says 6.4% of homes were valued at [...]
Reverse Mortgages: Boomers Increasingly Rely On Risky LoansNews from Huffington Post: More baby boomers are tapping into their home’s equity to take out so-called reverse mortgages potentially creating financial problems down the road. [...]
Is using a home equity loan to pay off mortgage a good idea?News from USA TODAY: Money Watch, a personal finance column that runs every Saturday, features a financial planner from the National Association of Personal Financial Advisorsanswering reader questions about saving, protecting and growing your money. To submit a question, e-mail USA TODAY personal [...]
Reverse mortgage innovative way to buy homeNews from Redlands Daily Facts: Reverse mortgage innovative way to buy home At the age of 58 I’ve come to find that as one gets older, there is a tradeoff between youth and wisdom. And in my wisdom, I’ve come to the conclusion that it’s a fair trade. And [...]
Reducing retirement risk by unlocking home equityNews from Explorer News: Which Assets Do I Spend First? It’s not an easy question to answer. And you know that, in retirement, it’s not what you earn that is the critical factor- it’s when you earn it. While saving for retirement, dollar cost averaging can help the accounts [...]
Private Equity’s Foreclosures for Rentals Net 8%: Mortgages – BloombergNews from Private Equity’s Foreclosures for Rentals Net 8%: Mortgages – Bloomberg: By Edward Robinson – Tue Mar 13 16:47:42 GMT 2012 Bloomberg Markets Magazine March 13 (Bloomberg) — Colin Wiel, co-founder of Waypoint Real Estate Group LLC, talks about the rental market for single-family homes [...]
KAHLER: Reverse mortgages can be useful for some seniorsNews from Rapid City Journal: Like most financial planners, I recommend not thinking of your home as a part of your investment portfolio or a source of retirement income. One possible exception to this rule is a reverse mortgage. Lenders that are FHA-approved can offer Home Equity [...]
Home-equity loan alertNews from Winnipeg Free Press: Enlarge Image Richard Buchan / THE CANADIAN PRESS ARCHIVES Home-renovation projects are a common use for cash from a home-equity loan, but caution should be exercised. (CP) TORONTO — Home-equity loans have become a fast-growing source of cheap borrowing for Canadians — so alluring that some have treated [...]