A reader asks: I’m 46 and plan to retire by 55. I’ve calculated that I’ll reach my retirement number in another 6 years giving me a decent buffer for retirement. I have a $500k mortgage at 5.625% with 28 years left. I’m comfortable with debt and don’t see a big concern. I agree with your … Read more
Becoming mortgage free is not just a practical goal to be sensibly evaluated as part of your wider investing strategy – although it is that for sure. There’s an emotional component to getting rid of your mortgage, too. And we shouldn’t ignore our emotions because they hugely influence our ability to stick to our plans. Feelings … Read more
While many consumer lawyers are currently busy analysing the details of the opinion of AG Emiliou in Compass Banca case (C-646/22) (and we will add our own analysis of it in the coming days, too), on the same day (April 25) two judgments were issued by the CJEU clarifying the consequences of terms’ unfairness on restitution … Read more
Portugal has become an increasingly popular destination for foreigners looking to start a new life or expand their business ventures in Europe. The country’s vibrant culture, favorable climate, and strategic location make it an attractive option for both living and investing. For those interested in purchasing property, securing a mortgage in Portugal is often a … Read more
If your homeowner insurance becomes invalid this way, the house gets into trouble, and your mortgage may become a headache with such changes as higher payments or simply foreclosure. Thus, most homeowners are unaware of their policy’s importance to their mortgage choice. So, what happens to your mortgage if homeowners insurance is canceled? In order … Read more
