Senior Homeowners Equity Nearly $4 Tillion

For the twelfth consecutive quarter, the estimated aggregate value of seniors' home equity has risen.  This is according to the National Reverse Mortgage Lenders Association/Risk Span Reverse Mortgage Market Index (RMMI) as published by ReverseMortgageDaily.com.  The reason behind the increase in equity is attributed to rising home values and declining mortgage debt.  Home equity continues to be a viable resource for seniors to help fund their retirement.

For more information on reverse mortgages and other related topics contact:

Rick R. Rodriguez
Certified Reverse Mortgage Professional, CRMP
NMLS# 473353
Toll Free (877) 500-0454
Local (702) 460-6222