Can It Make feeling to have a 30-year home loan at Age 66?

Can It Make feeling to have a 30-year home loan at Age 66?

Paul Solman often answers concerns through the NewsHour audience on company and news that is economic his Making Sen$e web page. Friday’s query originates from a audience at upcoming Avenue. The NewsHour has partnered with Then Avenue, an innovative new PBS site that gives articles, blog sites along with other critical information for adults over 50.

Can a 66 yr old man that is retired a retirement earnings (retirement and Social protection) of $52,000 get a 30 12 months fixed price home loan? If yes, does it make monetary feeling to try this?

Paul Solman: Hi, Jim. Please forgive the rant that went up initial thing this on Making Sen$e and the Rundown, and is reprinted below morning.