If you have a mortgage it could be the largest expense you have during your retirement years.
Interest rates are at record lows, making homes the most affordable they may be in our lifetimes. If you factor in the cost of living in St. George and SunRiver specifically, it’s time to buy.
Rates on the Home Equity Conversion Mortgages the allow seniors to purchase a home and never make a mortgage payment again are also at record lows. Could rates go lower, anything is possible, most experts agree these low rates won’t last and as demand continues to increase and material costs increase record low home prices could soon be a thing of the past.