Family feeling: Sue Alcock is glad to have got her daughter Emma and son-in-law Jason on the housing ladder Credit: Alessandra Spairani University lecturer Sue Alcock, 50, released equity in a property to help her daughter purchase a house Getting on to the housing ladder can be tricky – particularly when lots of your money is going on rent in the meantime. That is why Sue Alcock, 50, from […]
Reverse mortgages were once anathema to savvy financial planning. These loans—which let homeowners over age 62 pull equity out of their homes while still living in them—were viewed as a costly last resort for covering retirement shortfalls. That thinking has changed as older owners find themselves sitting on record levels […]
Ah yes, mortgage payments. Can’t live with ’em, can’t live without ’em. As it turns out architects like Macy Miller are an exception. The Idaho-based designer, longed for a place of her own free from the burden of mortgage payments and huge expenses. Her solution is the ‘Tiny House.’ The […]
Mortgage-free retirement is usually best Mortgage interest is technically tax deductible, but taxpayers must itemize to get the break – and fewer will, now that Congress has nearly doubled the standard deduction. Congress’ Joint Committee on Taxation estimates 13.8 million households will benefit from the mortgage interest deduction this year, […]
