The reverse mortgage seeks a home with affluent investors
Reverse mortgage options are no longer a last resort – used strategically, they can be part of financial planning in retirement, proponents say.
Home equity among people 62 and older reached an all-time high of more than $13 trillion late last year, coinciding with a record wave of people turning 65.
That combination of housing wealth and retirement could mean a lot of new business for the reverse mortgage industry, particularly from peop
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