Why Are More Retirees Taking Out Mortgages?

Did you know more folks over 55 are grabbing new mortgages than ever? Loans to older borrowers shot up 33% this year! Some are using their homes to free up cash, but for others, it’s a sign that rising bills and late-in-life home buying are making retirement budgets tighter. If you’re eyeing retirement, keep an eye on your housing costs—those monthly payments might stick around longer than you think! #MoneyMatters #RetirementPlanning #HomeFinance #RealEstate