Login | Create a free account

Reverse Mortgage Applications See 19% December Decline

Reverse mortgage applications submitted to the Department of Housing and Urban Development fell 18.9% in December to 6,092. The total number of applications in the prior month, November, was 7,058, according to the most recent HUD data release in its monthly Federal Housing Administration Single-Family Housing Outlook. Applications have seen a slow decline since August [...]...

read more...

Share |

Published By: Reverse Mortgage Daily - Friday, 27 January