Reverse mortgages have become very popular in recent years. They were first introduced to the financial sector back in 1961, although it took some time for them to gain traction. A growing number of seniors have discovered the numerous benefits of using Reverse Mortgages. In 2019, over 31,000 reverse mortgages were issued in the United States. That number is likely to climb in the future, especially if we encounter more economic uncertainty. Despite the growing interest in reverse mortgages, a lot of homeowners don’t understand how to make the most of them. One thing that seniors need to know is how to get the best possible rates on the reverse mortgage. This can help them secure more capital and leave their heirs with a greater inheritance after they pass. If …

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