This week’s reverse mortgage rates are below. The rates go into effect on Tuesday, May 5, 2009. Both the LIBOR and the CMT have fallen since last week.
HECM 300: 3.50
HECM 325: 3.75
HECM 350: 4.00
HECM Libor 225: 2.664
HECM Libor 250: 2.914
HECM Libor 275: 3.164
HECM Libor 300: 3.414