Archive | Finance

Reverse mortgages: financial protection

By Alain Valles, MBA, CRMP, CSA Hopefully your life has been rewarding and pleasurable. But we all have experienced, or will someday face, life’s unexpected misfortunes. The sorrow of losing a loved one, the struggle of fighting a health crisis, or becoming an unpaid caregiver to a family member are not only emotionally stressful, they […]

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Best towns in Central Mass. for retirees

By Marianne Delorey Everyone seems to take a stab at rating communities on different criteria.  A simple search on “best places” helps people decide where to live, work, eat, raise children, and retire.  While many of these lists are informative and interesting, only some are based on measurable information. This article is the first in […]

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Holding a hand and letting go

By Marianne Delorey I remember holding my son’s hands while he learned to walk. There is nothing quite like the feeling of letting go and seeing your baby walk away, not needing you anymore. It is one of the most complicated emotions I have ever experienced — in equal measure frightening, heartening, exciting, sad, and […]

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Reverse mortgages: If you had a magic wand

By Alain Valles Since 1987, Home Equity Conversion Mortgages (HECMs), also known as reverse mortgages, have been a viable option for hundreds of thousands of homeowners aged 62 and older. Over the years there have been many changes to this loan program, with the goal always being to ensure a reverse mortgage is a long-term […]

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Flying high: Airstream can’t keep up with demand

Not only are the retro-looking “silver bullet” travel-trailers still being built by hand at the same western Ohio site that has produced them for 60 years, but the company also can’t roll them out of there fast enough.

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Save money with FHA loans

By Alain Valles On Jan. 7 President Obama announced that the Federal Housing Administration (FHA) will drastically lower the cost of FHA mortgage insurance by 37 percent. This reduction, combined with record low interest rates, has created a tremendous opportunity for millions of people to save billions of dollars on current and future FHA loans. […]

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