Tuesday, January 01, 2008

Reverse Mortgages: Niche Product Or Mainstream Solution?

The AARP Public Policy Institute has issued their research report, "Reverse Mortgages: Niche Product or Mainstream Solution? Report on the 2006 AARP National Survey of Reverse Mortgages Mortgage Shoppers" last month. According to the Institute, this survey provides the first detailed look at consumer interest in reverse mortgages, consumer experiences with lenders and counselors, why some consumers decide against these loans, how borrowers use the loan proceeds, and how well reverse mortgages address borrower needs.

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For other posts related to reverse mortgages, go here , and go here. reverse mortgage yak