Money Culture
You’re over 50. You have built up a lot of equity in your home, and your life savings is finally gaining some critical mass. And yet, your odds of being rejected for a refinancing mortgage start going up rapidly after age 50 and really accelerate around 70, according to a study by Natee Amornsiripanitch at…
As the bad first two years of the pandemic recede in the rear-view mirror, a new report reminds us how tough things got for renters. And the vast majority of the 1.2 million increase from 2020’s level was in the group that struggles the most: families who pay more than 50 percent of their incom…
