WSJ: Reverse Morgage Credit Lines Appealing to Younger Borrowers
Jamie Patrick Hopkins
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.
Spanko, Alex, "WSJ: Reverse Morgage Credit Lines Appealing to Younger Borrowers" (2017). In the News. 2037.