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Dan Rafter

180 Articles

Dan Rafter has covered real estate, mortgage and personal-finance news for more than 15 years, writing for the Chicago Tribune, Washington Post, Consumers Digest and many others. A graduate of the University Illinois with a degree in journalism, he is editor of Midwest Real Estate News magazine and blogs on commercial real estate for that publication at rejblog.com, in addition to being a contributor for MortgageLoan.com.

Tax reform just made home equity loans a lot less attractive
Home Equity Loans

Tax reform just made home equity loans a lot less attractive

Home equity loans have long been attractive ways for homeowners to borrow money to pay for everything from major home improvements to a child's college education. But these loans just lost a major benefit: When filing their income taxes, homeowners can no longer deduct the interest they pay on home equity loans each year.

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 4 years ago | 4 minutes read time
Selling your home to move into senior housing
Personal Finance

Selling your home to move into senior housing

Most Americans will need some type of long-term care in their old age. For those moving to a senior living facility that provides some level of care — from weekly housekeeping to daily assistance or dementia care — selling their home to fund senior living and care may be their best choice.

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 5 years ago | 4 minutes read time