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Urban Institute

Latest Posts

Urban Institute: Reverse Mortgages Used Far Less than Other Equity Tapping Options 

Feb 24, 2020By

Reverse mortgage products represent the least popular option of extracting home equity compared with three alternative methods, including open-ended Home Equity Lines of Credit (HELOCs), cash-out refinance mortgages, and closed-end home equity loans. Reverse mortgage use can also vary significantly based on race and ethnicity due to a number of different factors. This is according […]