How Retirees and Near-Retirees Can Overcome Hurdles to Get a Mortgage
Would you want to have a mortgage for the rest of your life—even as a retiree? Maybe you should. With today’s low interest rates, the old idea that a debt-free retirement is a safer and happier retirement is not necessarily valid. In fact, having a mortgage at today’s 4% (or thereabouts) interest rates can actually be a good way to boost the amount of savings a retiree has available to spend or to invest.