Contact:
Darryl Hicks, 202-557-3556, [email protected]
National Reverse Mortgage Lenders Association
For Immediate Release:
WASHINGTON (October 17, 2025) – Homeowners 62 and older saw their housing wealth grow by four percent in Q2 2025 to $14.39 trillion, according to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index.
The previous record for senior-held home equity was $14.18 trillion in Q2 2024.
The RMMI rose from 486.69 in Q1 2025 to its highest level ever in Q2, 502.47. The index has tracked reverse mortgage market opportunity since 2000 by analyzing and reporting on trends in senior home values and home equity levels.
The increase in senior homeowner’s wealth was largely attributable to an estimated 2.9 percent (or $474.8 billion) increase in senior home values, offset by a 0.9 percent (or $23 billion) increase of senior held mortgage debt.
“Inflation is still hitting the pocketbooks for many older Americans, especially when it comes to groceries and healthcare premiums,” said NRMLA President Steve Irwin. “Now may be an appropriate time to think about how home equity can be used strategically to help lessen the financial impact that these everyday costs are having.”
About Reverse Mortgages
Reverse mortgages are available to homeowners who are 62 and older with significant home equity. They are a versatile financial tool that seniors can use to borrow against the equity in their home without having to make monthly principal or interest payments as with a traditional “forward” mortgage or a home equity loan. Under a reverse mortgage, funds are advanced to the borrower, and interest accrues, but the outstanding balance is not due until the last borrower leaves the home, sells, or passes away.
To date, more than 1.3 million households have utilized an FHA-insured reverse mortgage to help meet their financial needs. For more information, please visit www.ReverseMortgage.org
About the National Reverse Mortgage Lenders Association
The National Reverse Mortgage Lenders Association (NRMLA) is the national voice for the industry and represents the lenders, loan servicers, and housing counseling agencies responsible for more than 90 percent of reverse mortgage transactions in the United States. All NRMLA member companies commit themselves to a Code of Ethics & Professional Responsibility. Learn more at www.nrmlaonline.org.
About RiskSpan, Inc.
RiskSpan offers end-to-end solutions for data management, risk management analytics, and visualization on a highly secure, fast, and fully scalable platform that has earned the trust of the industry’s largest firms. Combining the strength of subject matter experts, quantitative analysts, and technologists, the RiskSpan platform integrates a range of data-sets–including both structured and unstructured–and off-the-shelf analytical tools to provide you with powerful insights and a competitive advantage. Learn more at www.riskspan.com.
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