Finance & Mortgage

3 Ways to Save Up for Your Retirement Using Your Home Equity

Retirement should be something well-thought-of and planned since the beginning of your career. However, not everyone is able to save up for their retirement at an early age and some may begin to worry that they do not have enough means to sustain their needs after retirement. Can you use your home equity to fund your retirement expenses?

Reverse Mortgage: Here are the Eligibility Requirements in California

California reverse mortgage is considered the best way to convert home equity into cash. Rather than pay the monthly mortgage fees, the homeowner will be getting monthly payments, which is usually tax-free. The CA reverse mortgage is also a smart way for a retired American to have or keep financial security, according to Consumer Reports.

Chinese Invests in Australian Real Estate Again Now Double the Amount

Chinese investment in the Australian real estate market doubled last year. An annual report showed that China was the biggest investor for the financial year that ended June 30, 2015. China had received approvals to spend $18 billion which was three times the figure the U.S. put in and six times what Singapore invested.
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