DALLAS: More than 2% of seniors seeking information related to housing want to learn more about reverse mortgages, new data show.
In 2014, seniors nationwide made more than 271,200 requests for assistance from the Eldercare Locator, a referral service providing information about care resources available in communities around the country.
Of general inquiries, 15% of seniors are seeking information about housing. Of that 15%, 2.1% are seeking information about reverse mortgages.
The average caller is age 60 or older, is a first-time caller and— while the organization was originally conceived as a service for caregivers—over 70% of those contacting the centre are reaching out on their own behalf…