"In light of the more muted home-price appreciation in 2024 compared to the past few years, this increase seems reasonable to me, Lunde told HousingWire's Reverse Mortgage Daily (RMD)."
"Any increase in the limit makes HECM more suitable for more higher home-value households. But the difference will not be pronounced, he added."
"I don't think it's a dramatic difference maker in terms of 2025 volume but also don't believe it's intended to be that, Lunde said."
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