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Tuesday, June 29, 2010

Mortgages For Empty Nesters Who Are Downsizing (or re-financing)

Here's a good article and a short video clip on some mortgage options and considerations for "empty nesters" who are downsizing.  I DO NOT ENDORSE Bank of America by the way, whose representative gives a brief description of basic mortgage types. Bank of America's stockholders or shareholders got completely HOSED.  The financial analyst and The Money Coach, Lynette Khalfani-Cox, at the 2:15 mark in the video clip does give some good objective advise on other considerations for empty nesters who are downsizing or re-financing.

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