{"id":7747,"date":"2018-01-07T00:00:00","date_gmt":"2018-01-07T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/some-retirees-still-face-years-of-mortgage-payments\/"},"modified":"2018-01-07T00:00:00","modified_gmt":"2018-01-07T00:00:00","slug":"some-retirees-still-face-years-of-mortgage-payments","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/some-retirees-still-face-years-of-mortgage-payments\/","title":{"rendered":"Some Retirees Still Face Years of Mortgage Payments"},"content":{"rendered":"<p>\n<\/p>\n<p>Fewer seniors own their home free and clear, as 32 percent of homeowners ages 60 to 70 say it will take them more than another eight years to pay&#8230;<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/DailyRealEstateNews\/~4\/KEnb7P2z17Y\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n<p><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/KEnb7P2z17Y\/some-retirees-still-face-years-mortgage-payments\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fewer seniors own their home free and clear, as 32 percent of homeowners ages 60 to &hellip; <a title=\"Some Retirees Still Face Years of Mortgage Payments\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/some-retirees-still-face-years-of-mortgage-payments\/\"><span class=\"screen-reader-text\">Some Retirees Still Face Years of Mortgage Payments<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7748,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[12908,543,627,408,1007,818,479],"class_list":["post-7747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-home","tag-home-buying-guide","tag-homeowners","tag-mortgage","tag-owners","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/KEnb7P2z17Y","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3827,"url":"https:\/\/amazingproperty.com.ng\/blog\/how-owners-spent-their-mortgage-savings\/","url_meta":{"origin":7747,"position":0},"title":"How Owners Spent Their Mortgage Savings","author":"Amazing Property","date":"April 25, 2017","format":false,"excerpt":"With adjustable-rate mortgages resetting to a lower rate, homeowners with these loans are seeing more money in their pocket and are increasing their overall spending, according to a newly released report by JPMorgan Chase Institute. Borrowers with ARMs have increased their spending by 15 percent relative to their baseline, which\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3141,"url":"https:\/\/amazingproperty.com.ng\/blog\/americans-mortgages-are-the-biggest-ever\/","url_meta":{"origin":7747,"position":1},"title":"Americans\u2019 Mortgages Are the Biggest, Ever","author":"Amazing Property","date":"April 7, 2017","format":false,"excerpt":"The average size of a home loan has swelled to the biggest amount on record, according to the Mortgage Bankers Association\u2019s survey, which dates back to 1990. The larger mortgage size not only reflects Americans purchasing pricier properties, but also shows they\u2019re more leveraged now too, MarketWatch reports. The median\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/MBA%20chart.png?fit=652%2C376&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/MBA%20chart.png?fit=652%2C376&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/MBA%20chart.png?fit=652%2C376&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":10190,"url":"https:\/\/amazingproperty.com.ng\/blog\/key-u-s-mortgage-statistics\/","url_meta":{"origin":7747,"position":2},"title":"See The Key U.S. mortgage statistics","author":"Amazing Property","date":"June 9, 2020","format":false,"excerpt":"\u00a0 Welcome to this page today . It\u2019s always a good idea to keep an eye on the U.S. real estate market, remembering how the 2007-2009 housing bubble originated from there. Every real estate investor, buyer, or seller should be acquainted with the Key US mortgage statistics\u00a0\u00a0 , in 2016\u2026","rel":"","context":"In &quot;Mortgage&quot;","block_context":{"text":"Mortgage","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/mortgage\/"},"img":{"alt_text":"US mortgage statistics","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/06\/US-mortgage-statistics.jpg?fit=1024%2C683&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/06\/US-mortgage-statistics.jpg?fit=1024%2C683&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/06\/US-mortgage-statistics.jpg?fit=1024%2C683&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/06\/US-mortgage-statistics.jpg?fit=1024%2C683&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":6013,"url":"https:\/\/amazingproperty.com.ng\/blog\/are-supply-woes-causing-loan-demand-drop\/","url_meta":{"origin":7747,"position":3},"title":"Are Supply Woes Causing Loan Demand Drop?","author":"Amazing Property","date":"August 30, 2017","format":false,"excerpt":"The number of mortgage applications for home purchases continues to underwhelm, despite rates being at their lowest levels since November. Mortgage applications for purchasing a home dropped 3 percent last week on a seasonally adjusted basis. The annual gain\u00a0in purchase applications remains\u00a0positive (4 percent higher than a year ago), but\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"mortgage_Activity_083017.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/mortgage_Activity_083017.png?fit=600%2C315&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/mortgage_Activity_083017.png?fit=600%2C315&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/mortgage_Activity_083017.png?fit=600%2C315&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11494,"url":"https:\/\/amazingproperty.com.ng\/blog\/homeowners-saw-almost-20-equity-jump-in-a-year\/","url_meta":{"origin":7747,"position":4},"title":"Homeowners Saw Almost 20% Equity Jump in a Year","author":"Amazing Property","date":"November 21, 2022","format":false,"excerpt":"Equity Jump, The first quarter of 2021, the average homeowner gained about $33,400 in equity over the past year. \u00a0 Existing homeowners may be feeling richer since they've received a notable boost to their home equity over the last year. Homeowners with a mortgage have seen their equity climb nearly\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Equity Jump","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/06\/Equity-Jump.png?fit=1024%2C733&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/06\/Equity-Jump.png?fit=1024%2C733&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/06\/Equity-Jump.png?fit=1024%2C733&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2021\/06\/Equity-Jump.png?fit=1024%2C733&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7448,"url":"https:\/\/amazingproperty.com.ng\/blog\/homeowners-say-tax-reform-would-hurt-them\/","url_meta":{"origin":7747,"position":5},"title":"Homeowners Say Tax Reform Would Hurt Them","author":"Amazing Property","date":"December 13, 2017","format":false,"excerpt":"A majority of recently surveyed homeowners say that changing homeownership tax incentives would restrict their mobility and cause them financial strain, according to new data from the National Association of REALTORS\u00ae\u2019 fourth-quarter Housing Opportunities and Market Experience survey. Learn More About Tax Reform How Tax Reform Affects Homeowners in Each\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Narhometaxsurvey.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NARHOMETaxSurvey.jpg?fit=1081%2C1081&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7747"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7748"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}