This Week's Reverse Mortgage Rates: May 19, 2009

This week’s reverse mortgage rates are below. These rates are effective for the week beginning May 19, 2009.

APR:

HECM 300:  3.52

HECM 325: 3.77

HECM 350: 4.02

HECM LIBOR 250: 2.828

HECM LIBOR 275: 3.078

HECM LIBOR 300: 3.328

Expected Rates:

HECM 300:  6.39

HECM 325: 6.64

HECM 350: 6.89

HECM LIBOR 250: 5.26

HECM LIBOR 275: 6.01

HECM LIBOR 300: 6.26

Tags: APR, CMT, hecm, hecm rates, interest rate, LIBOR, reverse mortgage, Reverse Mortgage Rate, reverse mortgage rates, reverse mortgages, This Week, weekly hecm rate, weekly hecm rates

This entry was posted on Monday, May 18th, 2009 at 4:00 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.