Reverse Mortgage Industry
The global reverse mortgage market was valued at USD 1.83 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2030. A reverse mortgage is a specialized financial product aimed primarily at senior citizens, typically those aged 62 and older. It enables homeowners to convert a portion of their home equity into loan...
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