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HECM for Purchase Now Available
30 January 09 09:31 PM | Emil Ratti | 0 Comments   
As of January 1st, HUD will allow a reverse mortgage to be used as a means to purchase a home. The qualifications are similar to a conventional reverse mortgage in some ways (must be the primary residence, must be over 62, for instance) but also has some Read More...
HUD Increases Loan Limit for Reverse Mortgages and Lowers Lender Fees
01 December 08 01:13 PM | Emil Ratti | 0 Comments   
Washington, DC – (November 7, 2008 ) – National Reverse Mortgage Lenders Association announced that the U.S. Department of Housing and Urban Development (HUD) formally adopted a new single national loan limit of $417,000 for federally insured Read More...
Phased Retirement
11 December 07 07:56 AM | Emil Ratti | 0 Comments   
If full retirement is unappealing or isn't financially feasible, perhaps a phased retirement is right for you. The passage of the Pension Protection Act of 2006 made it possible for employers to pay pension benefits to employees age 62 and older who Read More...
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The Sandwich Generation
12 October 07 07:53 AM | Emil Ratti | 0 Comments   
A study by Ameriprise Financial, Money Across Generations, shows that many Boomers are caught between financially helping elderly parents and adult children. Thus, the term "the sandwich generation." Sometimes they open their wallets too easily Read More...
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Really Understanding Barriers to Independent Living
11 June 07 06:09 PM | Emil Ratti | 0 Comments   
Everyone’s goal is to live independently for as long as possible, but often the barriers to such an option are a physical environment that doesn’t accommodate sensory, physical, and cognitive disabilities. That’s according to research Read More...
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Save money by knowing when to purchase.
10 June 07 10:40 AM | Emil Ratti | 0 Comments   
Planning to remodel, “stage” for a sale, or furnish a new home, it pays to schedule purchases. Baby Boomer News offers some suggestions for saving money on various household items by waiting to buy during certain sale times. Here are several Read More...
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