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  2. Buying a new home in retirement: Pros, cons and weighing your ...

    www.aol.com/finance/buying-home-in-retirement...

    Sources. Quarterly Report on Household Debt and Credit [PDF], Federal Reserve.Accessed September 4, 2024. B3-3.1-01, General Income Information (05/01/2024), Fannie Mae.Accessed September 4, 2024.

  3. 88 best discounts for ages 50+: Where to save money for ... - AOL

    www.aol.com/finance/best-senior-discounts...

    Read the fine print before you pick a rental company, and make sure they take your discount off the base rate for maximum savings. Ages 50 and older. Hertz — 20% off base rate. Sixt — 5% ...

  4. Mortgages for seniors: Getting a home loan in retirement - AOL

    www.aol.com/finance/mortgages-seniors-getting...

    Roughly two-thirds of adults who own a home have a mortgage, according to 2022 data from the U.S. Federal Reserve.. The median mortgage in 2022 was $1,400 per month, based on data from the U.S ...

  5. Retirement home - Wikipedia

    en.wikipedia.org/wiki/Retirement_home

    A retirement home – sometimes called an old people's home,[1] old folks' home, [2] or old age home, although old people's home can also refer to a nursing home [3] – is a multi-residence housing facility intended for the elderly. Typically, each person or couple in the home has an apartment -style room or suite of rooms with an en-suite ...

  6. US single-family housing starts surge; building permits rise ...

    www.aol.com/news/us-single-family-housing-starts...

    The number of houses approved for construction that were yet to be started increased 1.4% to 285,000 units. The single-family homebuilding backlog rose 2.8% to 148,000 units, the highest level ...

  7. Will Fed rate cuts stop the housing market roller coaster?

    www.aol.com/finance/fed-rate-cuts-stop-housing...

    In June 2020, a 30-year fixed mortgage averaged 3.44 percent. That same month, the median existing-home sale price was $294,400. ... keeping them in their homes rather than putting those ...