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Pension Option Can Pay Off
Buying Years Of Service Works On Several Levels I am single, work for the state of Maryland, and some of my family members are living into their 90s. I will soon be 65. I'll be eligible to receive a Social Security disbursement of $1,670 per month at 66 and think that taking this while working until 68-plus will help to pay off a 4.5 percent home loan earlier than 2014, the current term. I ...
http://www.courant.com/business/hc-ymjourney0713.artjul13,0,1343109.story?track=rss
Mortgage Crisis Closer Than We Think?
Think the mortgage crisis isn't affecting the Rochester area? The Monroe County Bar Association and the educators it brought to the area Wednesday believe greater Rochester should think again.
http://www.rnews.com/Story_2004.cfm?ID=63119&rnews_story_type=18
New 20% Down Payment Makes Savers From U.S. Spenders (Update1)
Spending will fall because homeowners can no longer use rising real estate values to borrow cash -- $837.5 billion in 2006, according to a report by former Federal Reserve Chairman Alan Greenspan and Fed senior economist James Kennedy . With mortgage lenders requiring down payments of 20 percent, the average household, which puts away less than 1 percent of after- tax pay, will have to save 10 ...
http://www.bloomberg.com/apps/news?pid=20601103&sid=aiM05UbytYxo
New 20% Down Payment Makes Savers From Profligate U.S. Spenders
Spending will fall because homeowners can no longer use rising real estate values to borrow cash -- $837.5 billion in 2006, according to a report by former Federal Reserve Chairman Alan Greenspan and James Kennedy . With mortgage lenders requiring down payments of 20 percent, the average household, which puts away less than 1 percent of after-tax pay, will have to save 10 percent for 10 years to ...
http://www.bloomberg.com/apps/news?pid=20601103&sid=a0nvmaoJLWEE
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