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The Average American Auto Payment Is …

average-car-payment

How much money are you paying for that new car you enjoy driving so much? The truth told, Americans have been paying more for cars in recent years than ever before. But how much is the average American auto payment? According to statistics that were released by Experian Automotive, the ...

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Are You Able To Get A Reverse Mortgage? Forbes Offers In-Depth Answer

reverse-mortgage

A lot has changed about reverse mortgages in recent years. A new set of reverse mortgage rules and laws have been put into effect that leave some homeowners confused (as if a mortgage wasn’t already a confusing stack of paperwork laden with terms that are confounding). But the experts over ...

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The New Billionaire Capital Of The World Is…

Billionaire Capital Of The World

Sorry Yonkers, you’re not the richest city in the world any longer. Nope. The title of the “Billionaire Capital of the World” now officially belongs to Beijing. Newer reports, like the one that was published by Shanghai firm Hurun this month, have confirmed that Beijing now outnumbers New York for ...

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Yes, You Can Defer Social Security Benefits With A Reverse Mortgage

Defer Social Security Benefits

As we reach retirement age, many of us will consider when the right time is to apply for Social Security benefits. With studies finding that most people lack the proper retirement savings, it can be a scary thought to wonder how you will manage to pay for your golden years. ...

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Retirement Survey Finds 60% Of Retirees Lack Proper Funds

Retirement Survey

It’s official: most people do not feel that confident about their retirement, and a new survey that was outlined in Yahoo Finance confirms this. Just 6 out of 10 people are prepared for retirement these days, according to the retirement survey results. In a polled that was conducted by Nielsen, ...

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Yes, You Can Use A Reverse Mortgage For Medicare Surcharges

Medicare Advantage

A newly introduced Medicare income scale can make it more expensive to pay for Parts B and D when they go into effect in 2018. But newer reports, such as this one from Investment News, as are saying that it may make sense to use a reverse mortgage for Medicare ...

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Using A Reverse Mortgage To Buy A Home – Only 3% Of People Do

Reverse Mortgage Buy Home

While the Home Equity Conversion Mortgage for Purchase is viable means of obtaining a new home for qualifying borrowers, the current statistics show that very few older Americans are planning on using a reverse mortgage to buy a home. During the home buying process, shoppers are faced with the fact ...

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Reverse Mortgage Answers To 3 Common Questions

Reverse Mortgage answers

As reverse mortgages grow in popularity, more questions are surfacing from people who are interested in learning more about these popular home loans. A wide variety of resources do exist online. Sometimes, though, it can be difficult to find the reverse mortgage answers that you are seeking. We’ll take a ...

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