Forbes, March 16, 2021, After One Year of Covid-19, America’s Retirement Crisis is a Little Changed
A year has come and gone since the beginning of the Covid-19 pandemic in the United States in March 2020, upending all of our lives. Hundreds of thousands of Americans have lost their lives, millions have lost their jobs and practically every kid (and parent) in America has endured school at home for months on end. We’ve changed how we work, how we shop and how we socialize.
Older homeowners typically make up a large section of the refinancing market, according to the National Community Reinvestment Coalition: Those aged 55 and older account for almost half of refinancing demand.