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What is a Reverse Mortgage? Financial Boon for Seniors

What is a Reverse Mortgage? Financial Boon for Seniors

In recent years, American seniors contributed significantly to the reverse mortgage market, surpassing $6 billion in total—a 30% increase from the previous year. This growth highlights an increasing trend among seniors to utilize home equity for retirement funding. Additionally, many American seniors prefer to remain in their homes instead of downsizing, viewing it as essential […]