Reuters: Reverse mortgages can help caregivers avoid ‘raiding’ savings
Housing Wire
APRIL 15, 2024
That saving activity is likely a big help, because Hausknost’s mother incurs roughly $6,000 a month for room and board alone, with extra costs like medication adding to that figure regularly, the column explained. The beneficiaries can get more. They can pay off the loan and still have a net windfall.”
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