E848: A Guide to Downsizing for Retirees

What this episode covers

A Guide to Downsizing for Retirees [Bank Rate] Older homeowners have a myriad of reasons for downsizing their home. It could be reducing expenses, moving closer to family or friends, or reducing required upkeep and maintenance. For some, it’s an economic necessity triggered by medical expenses, surging homeowners insurance premiums. A recent Bank Rate column provides these helpful tips for older homeowners… [Listen for Details] Other Stories: [Housing Wire] Ginnie Mae: New HECM Demand on the Horizon. [CBS Money Watch] Is a Reverse Mortgage or a HELOC Better for Seniors? Experts Weigh In.

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