Suggesting a looming crisis in senior housing, an increasing number of baby boomers are entering into retirement with mortgage debt, according to a recently released report from the Harvard Joint Center for Housing Studies and the AARP Foundation. Reverse mortgages may offer financial security for those who are eligible and in need. “Reverse mortgages can be […]
Report: USA unprepared to assist aging population, but reverses can help
While America struggles to meet the housing needs of its population, reverse mortgages remain a valuable source of funding for older Americans who have financial and other retirement needs, according to a new report published this week by the Harvard Joint Center for Housing Studies and AARP Foundation. Entitled “Housing America’s Older Adults–Meeting the Needs of […]