Tag: Housing

Multi ethic workers talking at construction site reviewing plans

Here’s what Will Flannigan, 26, would rather do with the $401.58 he pays on his student loans every month. • Save. • Buy a house: the mortgage payment on a house he looked at was the same as his rent, but renovating or fixing anything would be unaffordable. • Replace his 2006 Ford Focus –…

older couple with advisor discussing finances

Sheila Taymore could not afford the $2,200 mortgage and home equity loan payments, the enormous heating bills, and the repairs – so many repairs – on the home she’d owned for decades. Sheila Taymore, 60, of Salem, Mass. But selling it was emotional: she and her first husband had raised two sons in that hous…