America’s Seniors See Home Equity Climb To $6 Trillion Despite $4.9 Billion Increase In Mortgage Debt

WASHINGTON, June 21, 2016 -- The National Reverse Mortgage Lenders Association reports today that U.S. homeowners aged 62 and older are holding more than $6 trillion in equity, an increase of $164.9 billion in home equity from the last quarter of 2015. Largely driven by an estimated $169.7 billion increase in the aggregate value of […]