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Tag Archives: Housing Wealth

Q4 Senior Home Equity Levels Dip to $12.39T Nationwide

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.

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Senior Home Equity Exceeds Record $11.8T

home equity

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.

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What Is Driving Reverse Mortgages?

Home values

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.

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Home Equity is on the Rise for Seniors

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.

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