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Pittsburgh Named Affordable Place to Retire

  With more retirees relocating, Pennsylvania offers affordable housing in Pittsburgh.  According to the  20 Most Affordable Places to Retire In , Pittsburgh is the eighth most affordable place to retire in. The site factored in  cost of living, median home value, median income, home prices, 55+ community selection, state taxes, transit score, walk score, volunteer opportunities and climate. The Pittsburgh area was commended for low housing prices, low taxes, with plenty of opportunities for volunteering, walking and mass transit. Pittsburgh also offers plenty of cultural opportunities, including a variety of museums, as well as a wealth of outdoor activities, with trails for walking, hiking and biking. For sports fans, whether it’s hockey, football, baseball or anything in between, Pittsburgh offers a team to root for. Pittsburgh also offers a variety of affordable homes and amenities for retirees. If your thinking of retiring and relocating, check out all the wonderful adventures Pit
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15 Greater Than 30? The advantages to a short-term loan

 The 30-year mortgage has been the standard when it comes to mortgages, however, that doesn't mean that's the only option. In fact, home owners can use a 15-year mortgage. The 15-year mortgage offers lower interest rates than the standard 30-year mortgage, but you will have to pay it off in 15 years instead of having the extra time that a standard 30 year mortgage has. Continue reading for Benefits and Barriers of a 15-year mortgage. Benefits : Pay Less Interest You will be paying a lower interest rate. You will be paying interest for half the time than a 30-year mortgage. Example: Say you purchase a house for $300,000 with 20% down, or $60,000 down. On a 30 year loan, with a theoretical rate of 2.75%, you would end up paying  $352,720.80 on that original $240,000 loan. That's    $112,720.80 in interest to pay on that loan.  On a 15 year loan, with theoretical rate of 2.125%, you'd end up paying  $280,488.60 on that original $240,000 loan. That's  $40,488.60 interes
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