Retiring: The Quiet Comeback of Reverse Mortgages

Filed under Personal Finance

  • 2016-07-22 12:44 EDT
  • The New York Times -Bucks

Peter and Joyce Hill used a reverse mortgage to finance building a house in a community for people 55 and older in Lancaster County, Pa.Some retirees are using reverse mortgages, once unpopular after years of lending abuses, to supplement income sources or to finance long-term care.

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