Posts Tagged ‘IncomeTax’

Homeowners Foresee Long-term Mortgage Commitment

Thursday, November 19th, 2009
Homeowners Foresee Long-term Mortgage Commitment

More than a third of homeowners predict they will be nearing retirement before they own their own home, new research suggests.

Responding to a One Account survey, 36 per cent of homeowners predicted they would be at least 60-years-olds before they paid off their mortgage.

A further 20 per cent didn’t expect to fully pay off their mortgage until some time in their 50s, with many also complaining that mortgage commitme (more…)