Genworth Financial Home Equity Access has announced it is coming out with a fixed rate reverse mortgage product, with a 5.625% interest rate. Genworth is likely to be the last large wholesaler to announce a fixed rate reverse mortgage product, but with a lot of lenders reporting slow turn times with the fixed rate products at wholesalers, this will hopefully help alleviate some of the congestion within the market. The more wholesalers that offer reverse mortgage products, the faster the industry turn times will be.