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Rocket Mortgage report reveals borrowing trends of older borrowers
Among the plethora of statistics in Rocket Mortgage’s October 2020 report lies insightful data on the borrowing behavior of older Americans. Here are a few of the most relevant takeaways you should find valuable as a reverse mortgage originator or lender- especially if you’re working in the reverse purchase market. In Q2 2020, The homeownership rate was highest for those householders aged…