Reverse Mortgage Rates and Origination Fees for Tuesday, January 23 2018
Posted 9:35am EST
The lowest rate and origination fee in our Fixed-Rate HECM survey were unchanged for the fourth straight week.
Tuesday, January 23 Report on Pricing of Fixed-Rate2 HECM Reverse Mortgage
Pricing by 6 competing Reverse Mortgage Lenders1 Interest Rate Origination Fee Maximum Cash Draw by Owner aged 65 with Home Equity of $300,000
Lowest Interest Rate January 23 4.500% $4,000 $70,775
No Change
Change from January 16 No Change No Change
Lowest Origination Fee January 23 4.990% $0 $69,555
No Change
Change from January 16 No Change No Change
1 The following lenders report their interest rates and origination fees to www.mtgprofessor.com: All Reverse, Signet Mortgage, First Bank, Retire Secure, Goldwater Bank, Longbridge Financial, Centennial Home Mortgage
2 Fixed-rate pricing published every Tuesday; Adjustable-rate pricing published every Thursday

View historical market rates on HECM reverse mortgages.