Mortgages and retirement: 30-year loans debated
Mortgage long terms may aid current budgets but risk future retirement security. Experts note lower monthly payments and tax breaks from 30-year loans while warning income drops or weaker home values could leave retirees with unaffordable debt. Some borrowers plan extra principal payments or strategic refinancings to finish early.
MENTIONED IN THIS ARTICLE
Washington
Malcolm Buckey
Ponte Vedra Beach
Fla
Walter Molony
Annandale
Mark Zandi
Economy.com
Richmond
Buckey
Florida
Molony
Cathy
West Virginia
Greg McBride
Bankrate.com
McBride
Doug Duncan
Mortgage Bankers Association of America
Sally Hulme
AARP
Consumer Protec
Tion
Hurme
Insurance CLUE reporting fear over loss inquiries
Washington Post column explains how insurance inquiries can trigger CLUE reports and affect future rates. It cites Karen diBenedetto's flood loss denial, Travelers stance, and industry views on zero paid claims and data handling. It advises shoppers to ask insurers about CLUE policies and how inquiries are reported.
MENTIONED IN THIS ARTICLE
Washington
Karen diBenedetto
Virginia
diBenedetto
Travelers Property Casualty
diBenede
Marlene Ibsen
Ing
PJ. Crowley
The
Insurance Information Institute
Crowley
Ers
Ibsen
Jeffrey A. Skelton
Choice Point Inc
CLUE
Ernest Burley Jr
State Farm
Burley
Raymond Lee
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