Posts Tagged ‘Mortgages’
Aging Brains Gain More From Exercise With Good Hydration
Older adults, drink up. You need plenty of water during exercise so your brain gets the full benefits of working out, researchers say. “Middle-age and older adults often display a blunted thirst perception, which places them at risk for dehydration, and subsequently may reduce the cognitive [mental] health-related benefits of exercise,” said Brandon Yates, of…
Read MoreHearing Aids May Help Keep Seniors Out of the Hospital
Hearing aids may mean fewer visits to the hospital for seniors, a new study suggests. Researchers examined data from more than 1,300 adults aged 65 to 85 with severe hearing loss, and found that only 45 percent of them used a hearing aid. Those who did use a hearing aid were less likely to have…
Read MoreNew Research Links Reverse Mortgages to Financial Well-Being
Senior homeowners can tap into their home equity in a variety of ways, whether that means taking a reverse mortgage, a home equity line of credit (HELOC) or cash-out refinance. But when it comes to deciding between these different extraction methods, reverse mortgages can have a positive impact on financial well-being of borrowers, according to…
Read MoreExercise In, Vitamin D Out for Preventing Falls
With aging often comes worry about falls and the bone fractures they cause. Now, a panel of U.S. experts has new advice on what helps and what doesn’t when it comes to staying upright. For starters, get off the sofa. And don’t rely on vitamin D to keep you from falling. In a change from…
Read MoreU.S. Home Equity Increased by $908 Billion in 2017
The overall amount of home equity controlled by U.S. homeowners ballooned by 12.2% in 2017 — a gain of $908.4 billion in just 12 months. That works out to about $15,000 per homeowner, according to the most recent home equity report from real estate analysis firm CoreLogic. But as has been the case for some…
Read MoreStretching Can Help Get Seniors Moving
Stretching leg muscles every day may benefit seniors and other people with mobility problems, a new study reports. Researchers placed splints on lower limbs of older rats to stretch their calf muscles. The splints were placed on one leg for 30 minutes a day, five days a week, for four weeks. This stretching program increased…
Read MoreAnnual Flu Shots Help Keep Seniors Out of the Hospital
The current flu season is shaping up to be a nasty one, but there’s good news for American seniors who’ve gotten their flu shot. New research shows that for older adults, faithfully getting the vaccine each year greatly reduces the odds of catching a flu so severe that it lands you in the hospital. Researchers…
Read MoreShould You Retire On Your House?
Many American households will face a significant retirement financing gap unless they save more, invest more efficiently, retire later, and/or distribute their retirement assets more efficiently. Yet the pain of such difficult behavioral changes might be mitigated by better use of an asset that almost 80 percent of retirees have: the family home. The Reverse…
Read MorePutting it in reverse, advisors warm to reverse mortgages
It’s no secret that Americans are largely unprepared for retirement. But according to some financial advisors, they could be improving their financial standing significantly by factoring in home equity into a comprehensive retirement income plan. Reverse mortgages give seniors who are at least 62 years old a way to convert their home equity into cash.…
Read MoreNew Research Links Reverse Mortgages to Financial Well-Being
Senior homeowners can tap into their home equity in a variety of ways, whether that means taking a reverse mortgage, a home equity line of credit (HELOC) or cash-out refinance. But when it comes to deciding between these different extraction methods, reverse mortgages can have a positive impact on financial well-being of borrowers, according to…
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