Reverse Mortgage Market Share to Witness Significant Revenue Growth
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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