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Reverse Mortgage

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Seniors’ Home Equity Keeps Rising, Hits $6.5 Trillion 

Dec 21, 2017By

American homeowners aged 62 and older controlled $6.5 trillion in home equity during the third quarter of 2017, according to the most recent estimate from the National Reverse Mortgage Lenders Association. That’s a jump of 1.9%, or $121 billion, from last quarter, NRMLA and data analytics firm RiskSpan reported. “Housing wealth continues to be a […]