With Interest Rates Falling, How Much House Can I Afford Now?
Mar 16, 2008 in Mortgage
With Interest Rates Falling, How Much House Can I Afford Now?
It is always confusing when you are trying to figure out how expensive a house you can afford to buy for the amount of equity you now have. A lot of this confusion is due to the fact variables, such as interest rates are constantly changing. This article takes the mystery out of how much anyone can afford to spend on a house at any given time.
Reverse Mortgages Enable Retiring Homeowners
It’s a scary thought. Over the next 40 years, the proportion of Australia’s population aged 65 years and over will almost double. With continual increases in the cost of healthcare and general living expenses, and a decreased ability to rely on government assistance, many Baby Boomers are dreading a need to make major downgrades in their lifestyles to fund retirement.
