Items Tagged with 'NRMLA/RISKSPAN RMMI INDEX'

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  • Seniors now have a collective $7 trillion in home equity

    Housing wealth among the senior set reaches record levels
    Housing wealth for homeowners 62 and older continues to grow at a steady clip, reaching a record $7.05 trillion in the fourth quarter of 2018. The National Reverse Mortgage Lenders Association revealed that senior housing wealth grew 1.4% in the last quarter thanks to an increase in senior home values.
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  • Senior housing wealth reaches all-time high

    Homeowners over 62 have now amassed $6.97 trillion in home equity
    Senior homeowners continue to amass record amounts of home equity. An index tracking home equity levels for homeowners 62 and older by the National Reverse Mortgage Lenders Association and RiskSpan reveals that housing wealth for this group grew 1.4% to $6.97 trillion in the third quarter of 2018.
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