Reverse Mortgage Rates and Origination Fees for Tuesday, April 23 2019
by Jack Guttentag
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again for the 28th consecutive week on an unchanged original fee quote.  The lowest origination fee was also unchanged from last week, 
Tuesday, April 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 April 23 4.250% $6,000 $70,486
No Change
Change from April 16 No Change No Change
Lowest Origination Fee April 23 4.810% $1,500 $68,326
No Change
Change from April 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
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View historical market rates on HECM reverse mortgages.