Half of that income disappears in four years. His outstanding mortgage has 25 years left on it. The monthly payment is $1,800 with a 3.5% interest rate, but he pays private mortgage insurance of $ ...

Andrew Stanton is a Newsweek weekend reporter based in Maine. His role is reporting on U.S. politics and social issues. Andrew joined Newsweek in 2021 from The Boston Globe. He is a graduate of ...