Fixed Interest Rates a Must: Reverse Mortgages

Posted by Charles D

May 3, 2009

Reverse Mortgage Fixed Interest

Stimulus Package Drives Demand For Reverse Mortgages
“I am happy on seeing the inclusion of reverse mortgages in the stimulus package.” says Susan Cosgrove. He further comments on saying the reverse mortgage have a major setback, which is the fact that there is no fixed interest rate. The rates being on a historic low, this is an unseemly burden to seniors and their heirs.

L.A. Film, TV Shoots in a Slump
“It is incredible to see the slipping of a huge TV and film production from a city that has global reputation for culture and entertainment. The leaders are letting other states to steal the industry in spite of having a great source of entertainment talent, skill and resource.” remarks Phil Cooke.

When Charity Ends at Home
“The story should have condemned the wealthy actors for having donated money to politicians rather than helping the actors’ home and hospital.” feels Eleanor Cias

Death Tax’ Con Refuses to Die
Mr. Hiltzik has fewer hopes regarding the financial success in America and expresses delight if the government could receive good amount of tax rather than his heirs benefiting from his labors.

“I desire to support my children, who in the present economy are likely to be moving back home in their late 40s.” says Thomas E. Kolanoski

Stephen Colley says, “The key anti-estate tax point is that it’s unfair double taxation. Hiltzik dismisses this issue in six lines, claiming, “It’s not unusual for income in the U.S. to be taxed multiple times — don’t we all pay income and sales taxes on some of the same dollars?””

John Paladin says that he agrees that the estate tax should be upheld. He further comments saying, “It should be thought of as an estate tax rather than as a death tax, which sounds like an incorrect description.”

Tossing out Junk Mail’s Defense
Steve Smith comments over the above topic describing himself as a junk mail writer. He speaks of a dirty secret associated with junk mail which most of the consumers do not disclose.

Bennett Cane says that the junk mail advertising that he receives two or three times a week is usually more useful than the ads that are published in The Times that cost me $252 a year.

Universal Coverage Touted but Details Lacking at L.A. Forum
“A change for our nation’s healthcare system is long overdue, and pleas for improved access to affordable health insurance can be heard throughout California and across the country. Therefore, there need to be increased attention on preventive care to help keep Americans healthy and, in the long run, keep healthcare costs down.” says Joseph M. Heyman, M.D. Full Story…