Reverse Mortgage Rates and Origination Fees for Tuesday, March 21 2017
Posted 9:35am EST
The lowest rate reported by lenders in our Fixed-Rate HECM survey was unchanged this week. The lowest origination fee of $0 was also unchanged.
Tuesday, March 21 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 March 21 4.750% $3,500 $89,461
No Change
Change from Mar 14 No Change No Change
Lowest Origination Fee March 21 5.310% $0 $87,201
No Change
Change from Mar 14 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, The Federal Savings Bank, Goldwater Bank
2 Fixed-rate pricing published every Tuesday; Adjustable-rate pricing published every Thursday

View historical market rates on HECM reverse mortgages.