From FoxBusiness.com….
There are many reasons you might buy a home in retirement. It may be to downsize to a smaller house, purchase a vacation property, or just move closer to friends and family. Whatever the reason, now’s a good time to pull the trigger.
With mortgage rates at record lows (just 2.81% as of reporting), you could find yourself with a lower payment or, better yet, a bigger budget. Either way, you’ll want to prep before filing your application.
