Posts Tagged ‘fl’
How Reverse for Purchase can help baby boomer borrowers
Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/Riskspan Reverse Mortgage Market Index. These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. According to data from Statista,…
Read MoreReverse purchase financing: The financing option no one is talking about
Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? This cohort accounted for 1,950,000 properties — equating to 39% of total homes purchased! With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and…
Read MoreOlder Americans are increasingly reliant on credit cards to cover basic living expenses
Nearly half of older Americans are reliant on using credit cards to cover basic living expenses they don’t have the cash for. And nearly 20% of this cohort consistently relied on this type of high-interest debt on a monthly basis over the past year, according to survey results released this week by AARP. These basic…
Read MoreA Good Night’s Sleep Is a Powerful Weapon During Cold and Flu Season
A lot of your family and friends are probably battling the sniffles, a full-fledged cold or the flu right now. One way to protect yourself — climb into bed and get a good night’s sleep. “Sleep is critically important to maintaining a healthy immune system, and so we need to sleep enough. And we need…
Read More5 Common Real Estate Closing Day Surprises and How To Deal With Them
A real estate closing is an anxiety-inducing time, even if it goes smoothly. Add something unexpected, and it will throw you for a loop. I was thrilled when the sellers accepted my offer on a teardown lot in McLean, VA—the perfect place to build my own “Downton Abbey”–style manor. And the deal went forward without a hitch—that…
Read MoreGood Mental Health Could Be Key to Hip Fracture Recovery
Many seniors suffer long-term health issues after a hip fracture, even after hip replacement surgeries. Now, research shows that a patient’s mental health could be crucial to how well they bounce back in the years after these injuries. “Addressing overall mental health during the recovery process from hip fractures is crucial,” concludes study senior author…
Read MoreAdults With ADHD Linked To Shorter Life Expectancy, Study Shows
Adults with attention deficit hyperactivity disorder, otherwise known as ADHD, may face a shorter life expectancy than their peers. On average, men with ADHD died seven years earlier than men without it, while women with ADHD died nine years earlier than their counterparts, according to a study of more than 30,000 people published Thursday in…
Read MoreAging in place is ‘financial necessity’ for many older Americans
A survey of more than 1,000 older Americans found that while 76% of all respondents said they plan to age in place in their home, one in six respondents viewed it as a “financial necessity” given the rising costs of other care settings and living facilities, and that one in four (25%) respondents do not…
Read MorePoor Sleep Hurts Work Productivity, Survey Shows
Got brain fog? Can’t concentrate because you didn’t sleep well — or sleep much at all — last night? Tiredness and fatigue from sleep deprivation are common problems, says the National Sleep Foundation (NSF). Inadequate rest can lead to individual mood and health issues, as well as dips in work productivity, which extends the problem…
Read MoreToo Many U.S. Babies Still Sleep in Positions That Raise SIDS Risk
Despite decades of campaigns highlighting the “baby on back” recommendation for safe infant sleep, 12% of 4-month-old babies in the United States are still put to bed lying on their sides or tummies, a new report finds. That number rises to 19% among infants aged 9 months and 23% among 1-year-olds. Putting an infant to…
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