What retirees should do with their homes amid rising mortgage rates

#Retirements #MortgageRates
Originally aired on April 8, 2022
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[tuannguyen-zklv]

yes. People want to sell but give up 2.5% or 3% refinance rate to get 5-6% interest rate + higher price+ higher tax. I don think many people want to sell.

[kevintewey]

U GOT COVIDIOTS
AND BUSIDIOTS
You got someone in the industry telling you what consumers should do
But everyone knows the corporations are not our friend

[AcuraAddicted]

Nothing. They should do nothing with a house that has long been paid off by the time you retire.

[MF-tyzn]

If you're rich, ypu can buy a cheaper place. The majority of people will stay where they are.

[BellTunnel]

What retirees shouldn’t do: listen to Tom Selleck.

[alksjda]

Y’all voted for Regan and snowballed to this moment lol

[libertysprings]

😂of course you can buy a cheap house in Iowa. Great soil too.

[oswaldolovo]

poor people mifration, tks capitalism

[kevintewey]

Let me tell you about comparing Nevada to California you might as well compared it to some undeveloped African country
You have no idea there is no comparison nevermind state taxes that doesn't matter you're not going to have anything here you're not going to have good internet you're not going to have squat, you're not going to have anything that you had in California.
If you move from California to Nevada at you're going to hate it here