Tag: mortgage

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PBS Digital Studios is producing an excellent video series to guide 20-somethings who are starting their careers and want to get a handle on their finances. In “Two Cents,” financial planners Julia Lorenz-Olson and her husband, Philip Olson, will make you laugh as they convey their very solid advice about personal finance. “How to Ask for…

elderly man inserting credit card to ATM

Abstract This paper documents and examines the rise in mortgage usage among older Americans over the past 30 years.  It uses data from a variety of sources including the Health and Retirement Study, Decennial Census, American Community Survey, Survey of Consumer Finances, and the American Housing Survey.  We begin by documenting the large increase in…