Reverse Mortgage Rates and Origination Fees for Tuesday, April 9 2019
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again for the 26th consecutive week on an unchanged original fee quote.  The lowest origination fee was also unchanged from last week, 
Tuesday, April 9 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 9 4.250% $6,000 $70,497
No Change
Change from April 2 No Change No Change
Lowest Origination Fee April 9 4.810% $1,500 $68,337
No Change
Change from April 2 No Change No Change
1 The following lenders report their interest rates and origination fees to 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.