Thursday, April 4, 2024

A mortgage after 65: A “no brainer” or a big risk?

More and more older Americans have mortgage debt.
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From The Times

April 4, 2024

A growing number of older Americans are finding that signing up for a mortgage that could outlive them makes good economic sense. But the downsides can be significant, some experts say.

Donna and Gary Jacobs, wearing jeans and winter coats, walk down a tree-lined path with a castle behind them.

James Hill for The New York Times

Is it a "no brainer" or a big risk?

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