Senior housing wealth is on the rise. A new report examines the factors driving this increase and how it impacts senior-held mortgage debt.
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Home Equity Among Retirees
According to a study by the National Reverse Mortgage Lenders Association, housing equity for homeowners aged 62 and older increased by $149 billion between Q3 2017 and Q4 2017, hitting a massive total of $6.6 trillion. The National Reverse Mortgage ...
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