retiree mortgage
3 Rules Retiree Fear Amid 17‑BP Mortgage Rates Rise?
The three rules retirees should follow after a 17-basis-point mortgage rate increase are: keep mortgage costs below 30% of income, maintain a cash-flow buffer of at least three months, and avoid new debt until rates stabilize. These actions protect fixed-income budgets and reduce the risk of forced sales. Financial Disclaimer: