Mortgage News

Millions May NEVER Get a Mortgage Again

February 13, 2025

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Jerome Powell just issued a warning that could shake the housing market—insurance costs may make it impossible to get a mortgage in certain regions within the next 10 to 15 years. As natural disasters drive up premiums, homeowners across the country—not just in high-risk areas—will feel the impact. Meanwhile, the senior housing crisis is looming, with a severe shortage of retirement homes on the horizon. With 78% of baby boomers owning homes, reverse mortgages could be the key solution. The question is—are you ready to take advantage of these shifts?