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US home equity has reached $35 trillion. It’s a blessing and a curse

April 16, 2025 by bp56691
Higher levels of home equity increase household wealth, but it also comes with higher property taxes and other hurdles.
Categories Home Equity, HWmember, NRMLA, Reverse, RiskSpan, Wall Street Journal

Retirees moving to low-tax states may be disappointed by the savings they find

April 10, 2025 by bp56691
While a lower income tax sounds like a savings source, actually taking the plunge might reveal unanticipated costs — including other taxes.
Categories Aging in Place, baby boomer, HWmember, Property Tax, Retirement, Reverse, Tax, Wall Street Journal

Tariff policy could inspire renewed talk of reverse mortgage as ‘buffer asset’

April 7, 2025 by bp56691
Tariff policy could inspire renewed talk of reverse mortgage as ‘buffer asset’
Wade Pfau recommended reverse mortgage lines of credit as ‘buffers’ during the pandemic, which could make a comeback amid tariff policy.
Categories American College of Financial Services, HWmember, New York Times, Retirement, Reverse, Tariffs, Wall Street Journal

Banning property taxes in Florida gains traction among lawmakers

March 21, 2025 by bp56691
A proposal floated by the governor last month is getting attention, but some are concerned about its potential impact on government services.
Categories Florida, Housing Market, HWmember, Property Tax, Reverse, Wall Street Journal

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