The Robbo Report

Little Income, Lots Of Equity; And The Pros, Cons Of HELOCs ·

Jack M. Guttentag: A common problem among older homeowners is that they no longer have the income to service their mortgage, and they don’t have a good way to convert the substantial equity in their house into cash flow. The case below is typical.

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Home Sales Plunge Again As Buyers Remain Hesitant Mortgage Rates Rise Slightly On 30-Year Fixed Loan