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As more and more baby boomers get older, many of them want to stay in their own homes as they age. At the same time, the value of homes keeps going up, making people’s ownership in their homes more valuable. Experts think this will make more people interested in reverse mortgages.
A recent survey found that 66% of baby boomers, who own most of the property in the country, plan to keep living in their homes as they age.
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