Tag Archives: National Reverse Mortgage Lenders Association

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.

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.

Senior homeowners, defined as those aged over 62-years-old, saw their housing wealth grow by an average of 4.91%, roughly equating $520 billion, during the first quarter of 2022 ...

In the third quarter of 2021, senior citizens collectively gained $396.1 billion in equity, a 3.7% rise.

The increase in older homeowners' wealth was mainly driven by an estimated 3.4% or $381 billion increase in home values.

Find out how much seniors’ housing wealth increased between quarters last year, according to the latest Reverse Mortgage Market Index.

According to a study by the National Reverse Mortgage Lenders Association, housing equity for homeowners aged 62 and older increased by $149 billion between Q3 2017 and Q4 ...

Senior home equity went up by $30 billion in the fourth quarter last year, leaving senior homeowners to account for $3.22 trillion in equity, according to a recent report. The National Reverse Mortgage Lenders Association collaborated with Risk Span to release the Reverse Mortgage Market Index. The results? The reverse mortgage market is stabilizing, according to the index, which registered 153.48 in the fourth quarter, up 0.9 percent from the third quarter.