Tag Archives: Risk Span

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.

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 ...

According to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index, homeowners 62 years and older saw their housing wealth grow by nearly 4% —or $405 ...

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

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.