Taghousing crisis

Reverse Mortgages Rising – What Does It Mean?

The number of seniors applying for reverse mortgages is going up, according to a new study by MetLife. The study finds that not only is that number going up, but seniors are demanding reverse mortgages at younger ages. The average age of seniors using reverse mortgages is 73, but 46% of homeowners considering it are under age 70. Essentially, more seniors are asking for reverse mortgages earlier...

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