Tag Archives: Housing Wealth

According to NRMLA, senior home equity rebounded in the second quarter of 2023, as housing wealth for U.S. homeowners aged 62 years and older rose by $820 billion in Q2.

According to a new report from National Reverse Mortgage Lenders Association, the slight drop in the NRMLA/RiskSpan Reverse Mortgage Market Index was driven by a modest decline in senior home equity from a peak of $12.42 trillion in Q3 2022 to $12.39 trillion in Q4 2022.

Since 2019, the number of single, female-headed households has increased by 1.4 million, one million of whom are homeowners, according to a new report from First American.

Senators Ben Cardin (D-MD) and Todd Young (R-IN) have introduced a new initiative to help revitalize communities, announcing some 500,000 homes could be constructed, renovated and sold under the bipartisan bill.

The National Reverse Mortgage Lenders Association and RiskSpan Reverse Mortgage Market Index hit a record high of 413.22, while senior housing wealth grew by nearly $226 billion in Q3 of 2022.

The latest data from NRMLA/RiskSpan finds U.S. homeowners 62 and older experiencing housing wealth growth of 4.10% or $456 billion in the second quarter of 2022, marking a new all-time high.

When it Comes to building wealth, the American single-family home is the gold standard of investments. Not only is a home a place to live, but it is ...

As housing wealth, especially among senior citizens, rises, here’s what a report revealed about the factors responsible for the increase in debt through reverse mortgage.

Homeowners over the age of 60 increased their housing wealth by $177 billion in the first quarter of 2018, a report found. Here’s why mortgage debt for this group remains low despite rising equity.

Home equity overall has been steadily increasing since negative equity peaked a few years ago. One particular group that has benefited from home price appreciation creating equity over the last few years is the age 62 and up crowd.