Reverse Mortgages Mostly A Mystery To Older Americans
Jamie Patrick Hopkins
The American College New York Life Center for Retirement Income
Seniors who might consider a reverse mortgage are sorely lacking in knowledge about how the financial instruments work, according to a survey released Wednesday by The American College.
The misconceptions can hinder the effective use of reverse mortgages, the survey says.
Demasters, Karen, "Reverse Mortgages Mostly A Mystery To Older Americans" (2016). In the News. 1373.