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Could Home Equity Be Key to Solving the Country's Looming Retirement Crisis?
HousingWire
Feb. 19, 2019 "Pensions have dwindled, Social Security is insufficient, health care costs are rising and people are living longer than ever before, carrying little resources with them into retirement. But many older Americans do have one major source of wealth at their disposal: their house.... [S]ome experts are insisting that reverse mortgages -- which allow older homeowners to access their home equity and remain in their homes -- are an important public policy that must be preserved for future generations." MORE >> |
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