Saturday, August 18, 2007

Cash in the home (Lexington Herald-Leader)

Home might be where the heart is, but it's also where the money is for millions of seniors. Older adults hold $4.3 trillion in home equity. By 2030, when the youngest members of the baby boom generation retire, Americans 62 and older will have $37 trillion locked up in their houses, the National Reverse Mortgage Lenders Association predicts. That much money attracts attention. As a result, the ...

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[Source: Yahoo! News Search Results for home equity loan]

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