Skip to content

1

parejas mayores hablando finanzas alcancia 1150 7852 - Why does not the reverse mortgage triumph in Spain?

In Spain, there are more than 8 million people over 65 with property in their own homes. Accumulate savings of 600,000 million euros in housing compared to 120,000 million in pension plans for the total population.

However, last year only 45 reverse mortgages were commercialized in our country, according to the figures offered by the General Council of Notaries. But, let us start at the beginning. What is a reverse mortgage? And why are so few marketed?

...continue reading "Why does not the reverse mortgage triumph in Spain?"