An increasing number of unemployed people who identify themselves as “retired” have been thrown out of work due to the ongoing economic impacts of the COVID-19 coronavirus pandemic. For those who find themselves suddenly in retirement, it’s important to find options which can assist with cash flow, and in some cases this can include a…

Read More

The best way for first-time home buyers to come up with a down payment for a home: save for one, of course! But sometimes you’re in a hurry. Maybe your dream house just popped up on the market, or you’ve simply had it with being a renter. Whatever the reason, you’re ready to buy a…

Read More

Making the decision about where and how to spend retirement can be difficult for many American seniors, often dictated by the amount of resources a retiree has access to. One of these decisions can involve either moving — into a new home or an assisted living facility at the appropriate time — or choosing to…

Read More

Losing your job is tough. While it can be tempting to dip into your long-term savings to cover your immediate expenses, this can be a bad idea — especially if you’re nearing retirement. Fortunately, there are many other ways to pay the bills and set yourself up for a successful future, like working with Carefree…

Read More

For someone who has used existing assets to pay off an existing mortgage on their home, the use of a reverse mortgage line of credit would be an effective way to prepare for a person’s older years and to avoid premature exhaustion of assets, which can lead to poverty. This is according to Jack Guttentag,…

Read More

New parents can relax: Research suggests it’s normal for infants’ sleep patterns to vary widely. “Although previous research has shown that infants start sleeping through the night at different stages of development, little is known about individual sleep patterns night after night,” explained study leader Marie-Helene Pennestri. She’s an assistant professor in the department of…

Read More

U.S. homeowners are on a refinancing binge in 2020, with mortgage refinance rates up by 98% from mid-November 2019 to the same period in 2020, according to the Mortgage Bankers Association (MBA). The average mortgage refinance amount stood at $291,000 for the week ending November 13, 2020, the MBA reported. If you’re considering refinancing your…

Read More

Ask most people about the biggest obstacle to buying a home, and hands down, they’ll say it’s scraping together enough money for a down payment and closing costs. But understand a key point: This is not a separate and distinct issue from landing a mortgage. Lenders, after all, like to see clients lay down a…

Read More

As the United States continues to endure a retirement crisis that has only been exacerbated by the COVID-19 coronavirus pandemic, the home is an asset with continuously understated potential to assist with cash flow for retirees. This is especially true considering that the home is likely to be the largest asset that the majority of…

Read More