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Retirees’ Housing Wealth Substantial For Reverse Mortgages 

Feb 08, 2015By

Many retirees will be able to tap their home equity for income, according to data from the 2013 Federal Reserve’s Survey of Consumer Finances. In 2013, 77% of households in their early 60s owned a house, and the median house price was $185,000, data show. “But 63% of households in their early 60s continued to have […]