retiree home downsizing
One Decision Cuts 4% Mortgage Rates, Saves Retirees $12K
Mortgage rates above 7% in June slowed home sales and pressured retirees to rethink their financing moves. The spike reduced buyer participation and stretched listing times, forcing seniors to weigh downsizing, refinancing, and equity extraction options. Understanding these shifts helps retirees protect cash flow and preserve equity. In June 2026,