• Wed, May 21, 2025

by: WGME

Does buying a home in retirement make sense?

If you're retired, buying a house may seem a little daunting, especially if you're looking at getting a mortgage. Yet, homeownership remains a powerful aspiration even among older Americans. In fact, [...]
  • Thu, May 22, 2025

by: Fortune

Current mortgage rates report for May 22, 2025: Rates rising again

See Thursday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: ESPN

Arsenal's new 2025-26 home kit will get fans' hearts racing

The beat of the human heart is the inspiration behind Arsenal's unveiling of their new home jersey for the 2025-26 season.

by: legit

Xiaomi launches new advanced in-house mobile chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop. Xiaomi has not confirmed which company is manufacturing the XRING O1, though Lei said it uses the same second generation 3nm-process technology as Apple's latest chips.

by: WFXT

25 Investigates: Exclusive access inside Holyoke Soldiers' Home 5 years after COVID killed 84 vets

It was chaos marred by questionable medical decisions like consolidating patient rooms, in particular two dementia units, and shutting off the home to families and leaving them with little to no communication.

by: Newsweek

Map shows home values dropping in half the country as housing market shifts

According to Zillow, monthly home values dropped in 27 out of the 50 states.

by: KITV

Buying a home on Maui 'impossible' for a typical family, researchers say

In a newly-released report, researchers on the Valley Isle declared "we are at a critical crossroads in Maui's history," when it comes to the island's housing crisis.
  • Fri, May 23, 2025

by: WJZY

Charlotte nonprofit gives families furniture to 'make their house into a home'

Over the years, Beds for Kids has distributed about 220,000 pieces of furniture, including 25,000 beds.

by: Forbes

Homeowners: How To Generate $2,400/Month For Life From Your House

How retirees can use reverse mortgages or HELOCs to unlock tax-free income, preserve portfolios, and boost financial flexibility in uncertain markets.

by: Newsweek

Housing market update as existing home sales fall

by: WLWT

Planning a getaway? Ways to secure your home before checking out

June, July and August are the most popular months for vacation. The summer months also see a rise in home burglaries, according to SafeWise.

by: Fortune

Want to buy a house? How to save for the down payment and closing costs

The type of home loan you choose affects the minimum down payment you'll have to come up with.

by: Fortune

Trump 'reverse Robin Hood' tax bill is driving up the cost of buying a home, Democrats say

"Trump and Republicans are directly responsible for the spike in the 30-year Treasury bond yield and mortgage rates," said the fourth highest ranking House Democrat.
  • Sat, May 24, 2025

by: PBS

NJ Spotlight News | Abuse, neglect documented in NJ's group homes | Season 2025

Interview: Ashley Balcerzak and Jean Rimbach, reporters with The Record/NorthJersey.com

by: Patch

Landmark Home With Famous Guest List Hits The Market: CT News

Kites Destroyed In "Unfortunate Incident"/ Former TV News Anchor Launches New Endeavor/ Unique Restaurant For Sale/ Kittens Rescued & More

by: BBC

Unfinished housing sites may be taken off developers under new rules

The plans form part of a drive to boost housebuilding in England to 1.5 million new homes by 2029.
  • Sun, May 25, 2025

by: 7NEWS

Man wounded as knife-wielding gang invades home

The attackers remain on the run.
  • Mon, May 26, 2025

by: 7NEWS

Firefighters' grim warning as outdoor heater blamed for devastating house fire

One of the homeowner's sons had to rush to save the family pet as the fire took hold.

by: Fortune

Current mortgage rates report for May 26, 2025: Rates hold steady after recent increase

See Monday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.
  • Tue, May 27, 2025

by: WKRG

Mobile police investigating after home struck by gunfire

MOBILE, Ala. (WKRG) A home was hit by gunfire early Tuesday morning. According to a Mobile Police Department news release, officers were called to the 500 block of Cherokee Street at about 2:45 a.m. in reference to a shooting. When officers arrived, they found a home had been hit by gunfire. No injuries were [ ]

by: 7NEWS

Body found inside Sydney home following fire

The home was reported ablaze in the early hours of the morning.

by: WLWT

Arson suspect pleads guilty to setting fire to home, dousing girlfriend with gasoline

Michael Burch is pleading guilty to setting his house on fire and dousing his girlfriend with gasoline.

by: WGAL

Intense fire fully engulfs house

The home went up in flames around 7:20 p.m. on Thursday.

by: BBC

Plans for new child care home submitted

If approved, the residential house will be converted to accommodate children needing support.

by: HousingWire

Will someone buy a house from an AI real estate agent?

AI promises to replace agents, but human connection, negotiation, and buyer psychology still keep real estate professionals essential.

by: WKRG

Another Mobile home hit by gunfire

MOBILE, Ala. (WKRG) A second home was hit by gunfire Tuesday morning in Mobile. According to a Mobile Police Department news release, officers were called to the 3200 block of Dogwood Court at about 4:20 a.m. in response to a shooting. When officers arrived, they found that a home had been hit by gunfire. [ ]

by: BBC

Plans for new child care home in Peterborough submitted

If approved, the residential house will be converted to accommodate children needing support.
  • Wed, May 28, 2025

by: Fortune

Current mortgage rates report for May 28, 2025

See Wednesday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: 7NEWS

Elderly man killed in Sydney home following fire

Police are searching for another man who resided at the home.

by: People

Princess Diana's Childhood Home Targeted in Suspected Arson Attack as Brother Charles Spencer Speaks Out

An area of Princess Diana's childhood home has been targeted in a suspected arson attack, her brother, Charles Spencer, confirmed.

by: KUTV

How to sell your house and buy a new one at the same time

Five crucial steps for buying and selling a home simultaneously.

by: wjla

Bigger isn't always better for homebuyers facing rising costs

The stats look bleak, but experts caution that if you can afford to buy, getting a smaller home is better than waiting on the sidelines.

by: fox6now

Milwaukee fire on city's south side, person found dead inside: officials

There is no cause of death identified.

by: WDSU

Slidell driver crashes into family member's home

According to Slidell police, the person crashed into the home of a family member they were visiting.
  • Thu, May 29, 2025

by: Fortune

Current mortgage rates report for May 29, 2025: Elevated rates still holding steady

See Thursday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: 13abc

13 Action News Big Story: The Ohio Housing Market

The U.S. Housing Market is tightening, with higher interest rates and higher home prices pushing many Americans to rethink their home buying plans.
  • Fri, May 30, 2025

by: Fortune

Current ARM mortgage rates report for May 30, 2025

See Friday's report on average mortgage rates adjustable-rate mortgages so you can pick the best home loan for your needs as you house shop.

by: KITV

$20M housing project aims to help L?hain? teachers

A new housing development for L hain educators has just broken ground and is under construction.

by: ThePrint

Dhuleva Group Delivers 200+ Rehab Homes in Record Time

NewsVoir Mumbai (Maharashtra) [India], May 30: Dhuleva Group, one of South Mumbai's most trusted and forward-thinking real estate developers, has set a new benchmark in rehabilitation housing by completing the rehab building of its landmark Dhuleva 232 project ahead of the RERA timeline. Over 200 homes have been delivered, offering residents an early and rare [ ]

by: WGME

Home equity news: Home prices hit another record while HELOC rates fall

A roundup of the week's top stories in home equity, mortgages and real estate.

by: WJZY

One badly injured in fire at south Charlotte home

The cause of the fire is under investigation.

by: WHIO

'I lost everything;' Home torn apart in SWAT standoff

After a 12-hour standoff at their home Thursday, residents are working to process after their home was raided by SWAT.

by: Fortune

Current mortgage rates report for May 30, 2025: Rates remain stubbornly high

See Friday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop
  • Sat, May 31, 2025

by: RepublicWorld

Explained: How You Can Save Up To Rs 5 Lakh In Taxes Every Year When Buying A New Home

By using certain tax benefits available under Indian law, you could save up to Rs 5 lakh every year on your taxable income. This article explains how you can make the most of these savings when buying your dream house.
  • Mon, June 2, 2025

by: Fortune

Current mortgage rates report for June 2, 2025: Rates remain high

See Monday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

by: KUTV

Mortgage bankers: Who they are and what they do in home lending

Here, we explore what mortgage bankers do in the process of getting a home loan.

by: fox6now

Summer weather's impact on your home

Articles and videos about Summer weather's impact on your home on FOX6 News Milwaukee | Wisconsin & Local Milwaukee News WITI.

by: PBS

PBS39 News Reports | HOME FOR THE HOLIDAYS | Season 2019

Things to do with kids to get out of the house during the Christmas school break.

Does buying a home in retirement make sense?

If you're retired, buying a house may seem a little daunting, especially if you're looking at getting a mortgage. Yet, homeownership remains a powerful aspiration even among older Americans. In fact, [...]
The article from WGME discusses the considerations of buying a home during retirement, highlighting both the potential benefits and drawbacks. It points out that while owning a home can provide stability and potentially appreciate in value, it also comes with significant costs such as maintenance, property taxes, and insurance, which can strain a fixed retirement income. The article suggests that for some, the financial and emotional benefits of homeownership might outweigh these costs, particularly if the home is paid off or if one plans to stay in the home long-term. However, it also advises that renting could be a more financially sensible option for others, especially if they value flexibility or anticipate needing to move into assisted living. The piece emphasizes the importance of carefully evaluating one's financial situation, future plans, and personal preferences before deciding to purchase a home in retirement.

Read the Full wgme Article at:
https://wgme.com/money/mortgages/buying-home-retirement-make-sense

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