May 12, 2024
Mortgage

‘We made sure to pay off the mortgage before we retired,’ say couple trapped in $700k home they ‘can’t move out of’

A COUPLE thought they set themselves up well for making their big move into a smaller home. But when it came time to downsize, Susan Apel and her husband, Keith Irwin were shocked by how stuck they were when shopping for a new home. Senior couples are struggling to find homes that suit their needs

Read More
Loans

Americans urged to take action on payment before April 30 deadline

AMERICANS only have days remaining to consolidate their student loan payments which could see them edge closer to forgiveness. Department of Education chiefs are currently making payment adjustments that could see balances cut. Americans can take action to consolidate their student loan payments – but this must be done by April 30Credit: Getty Millions of

Read More
Mortgage

I’m 73 and still have a $180,000 mortgage on my two-bedroom home

A HOMEOWNER said he has been stuck with $180,000 left to pay on his mortgage despite his older age. David Turoff, 73, explained why he had no regrets about retiring with a mountain of debt. David Turoff said he was stuck with $180,000 in debt as he retired but explained why he had no regrets

Read More
Mortgage

I’m retired and have paid off my 30-year mortgage thanks to tiny home in my yard

A WOMAN has revealed how installing a tiny home in her yard has helped her pay off her mortgage and live a better life. The woman is based in New York and has had an Accessory Dwelling Unit (ADU) in her yard for the past two decades. Tiny homes have become increasingly popular in recent

Read More