Reverse Mortgage Participation in the United States: Evidence from a National Study
This paper uses the most recent wave of a nationally representative dataset to examine the factors associated with elderly homeowners’ decision to obtain reverse mortgage loans. The findings of this study suggest that very few homeowners participated in the reverse mortgage market, and homeowners yo...
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2016-03-01
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Series: | International Journal of Financial Studies |
Subjects: | |
Online Access: | http://www.mdpi.com/2227-7072/4/1/5 |