FINANCE OF AMERICA REVERSE
Finance Of America Reverse
U.S. Homeowners Express Rising Financial Anxieties, According to FAR Survey
Finance of America Reverse LLC released its 2023 Home Equity Punch List, revealing that 79% of homeowners remain uneasy about the U.S. economy, with concerns about unforeseen healthcare expenses and discretionary spending. Gender differences were also noted. Home equity loans were only sought slightly more, with a lack of product knowledge contributing to financial anxiety.
