RMMI: Senior Home Equity Reaches $11.12 Trillion

August 2, 2022

“Homeowners 62 and older saw their housing wealth grow by 4.91 percent or $520 billion in the first quarter to a record $11.12 trillion from Q4 2021”, according to the latest quarterly release of the NRMLA RiskSpan Reverse Mortgage Market Index (RMMI).

Could this be an opportune time for your senior borrowers to consider a reverse mortgage as they finalize their retirement goals?

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Find out more about reverse mortgage options on the Plaza Home Mortgage^® website, and reach out to us at Reverse@plazahomemortgage.com. Let’s explore adding this strategy as another option for your borrowers and your business.

Category: Reverse Market News

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