A new study from Seniorly and cited by CNBC reveals the most expensive states across the country for assisted living facilities, which may offer perspective for those deciding between such facilities and aging in place options.
The actuarial report accompanying the publication of FHA’s MMI Report contains updated figures relating to reverse mortgage use trends, including another slide in the use of reverse mortgages for purchase.
While needs continue to motivate those seeking reverse mortgages, in some cases the wider senior population may face more headwinds to their financial security than those seeking out reverse mortgages as a possible option according to NCOA research presented at the NRMLA Virtual Annual Meeting this month.
Reverse mortgage endorsement volume and HMBS issuance had a stellar October, but the ongoing issue of excessive refinances could present an issue to this momentum in 2022.
With more seniors poised to age in place, the disruption to the housing market could manifest in interesting ways including for reverse mortgages according to a column published at Forbes.
New analysis of U.S. Census Bureau data by LendingTree reveals millions of seniors are still making forward mortgage payments, and gave an overview of where many of them live across the country.
A new study examining retirees’ relationships to home equity extraction reveals that while seniors may benefit from a reverse mortgage, they remain averse to engaging with the product.
Certain major reverse mortgage lenders traded spikes in retail and wholesale volume in August, in spite of that month’s reduced volume overall.
A new AAG survey reveals the overwhelming preference of American seniors to remain in their homes as they age, though willingness to tap home equity is not as high.
Reverse mortgage refinance volume remains at nearly 50% of total endorsements, a trend that some have found alarming.