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Is there a “point of no return” when you’re too old to take on a new mortgage?
Is there a "point of no return" when you're too old to take on a new mortgage? Hi PF, In 2015, with 1 kid, we purchased our first home for $130,000 at a 3.625% interest rate--the downpayment for $20k was a one-time gift from my father-in-law (he had just sold a property). My wife was (and still is) a SAHM, so I was the sole breadwinner and due to medical debt and paying off student loans, we didn't have much money. The hou...
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