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