Senior Housing Wealth Exceeds $7 Trillion For First Time
The NRMLA/RiskSpan Reverse Mortgage Market Index Hits All-Time High
Homeowners 62 and older saw their housing wealth grow by 1.4 percent in the fourth quarter, to a record $7.05 trillion from Q3 2018, according to the National Reverse Mortgage Lenders Association. Great news for retirees who want to put their equity to use for financial security. See the press release.