HECM ARMs
Updated Weekly Effective Mar 24 through Mar 30, 2009
|
|
Monthly CMT |
|
|
|
Annual CMT |
|
|
HECM 250 |
HECM 275 |
HECM 300 |
HECM 325 |
HECM Annual |
|
Margin |
250 |
275 |
300 |
325 |
350 |
|
Initial Rate |
3.14 |
3.39 |
3.64 |
3.89 |
4.14 |
|
Expected Rate |
5.25 |
5.50 |
5.75 |
6.00 |
6.25 |
|
|
Monthly LIBOR |
|
|
|
|
|
HECM Libor 200 |
HECM Libor 225 |
HECM Libor 250 |
HECM Libor 275 |
|
Margin |
200 |
225 |
250 |
275 |
|
Initial Rate |
2.522 |
2.772 |
3.022 |
3.272 |
|
Expected Rate |
5.040 |
5.290 |
5.540 |
5.790 |
HECM Fixed Rate: 5.56
Current Reverse Mortgage Indices
Treasury Bills:
1 Year .64
10 Year 2.75
CD:
1 Month 0.49
LIBOR:
1 Month 0.522
10 Year 3.04