In the News

Title

WSJ: Reverse Morgage Credit Lines Appealing to Younger Borrowers

Document Type

Article

Publication Date

2-13-2017

Abstract

Reverse mortgage credit lines are becoming more and more attractive to younger borrowers amid the specter of rising interest rates, a Wall Street Journal article published today claims.

The story features quotes from multiple financial advisors and retirement experts extolling the virtues of taking out a home equity conversion mortgage line of credit as early as possible to hedge against future fluctuations in the stock market, home prices, and interest rates.