The Research on Reverse Mortgage Based on the Fluctuation of Housing Prices

The reverse mortgage is an important financing instrument which introduced housing finance or housing mortgage loan, it will effectively solve the problem of scarce resources for the aged; however, many problems occurred when brought into effect. One of the most critical problems is pricing. Since the pricing of Reverse Mortgage is such a complex problem, the paper would focus on the fluctuation of housing prices. Based on the researches, the paper aims to raise the problems calling for special attention in actuarial Reverse Mortgage pricing and in further, to propose suggestions and steps in practice.