September Senior Surveys
Written by admin on Monday, September 24th, 2007 in HECM Research Statistics, Reverse Mortage, Reverse Mortgage Opinions.
A couple of interesting surveys of senior citizen attitudes have crossed our desk in recent weeks. Both were sponsored (or co-sponsored) by reverse mortgage lenders.
Liberty Reverse Mortgage: Grandparent’s Cost Index
Liberty Reverse Mortgage (soon to be part of Genworth Financial) and Sacramento State University released their second annual Grandparent’s Cost Index earlier this month to coincide with Grandparent’s Day (September 9th). The upshot: Because of financial constraints, almost three-quarters of grandparents in the U.S. aren’t able to spend as much as they’d like to on their grandchildren.
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