Reverse Mortgage Rates and Origination Fees for Tuesday, August 20 2019
Posted 9:35am EST
The lowest rate in our Fixed-Rate HECM survey was down by a significant 0.310% on a higher origination fee quote. The lowest origination fee was unchanged from last week. 
Tuesday, August 20 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 August 20 3.680% $5,950 $76,296
+930
Change from August 13 -0.310 +$1,950
Lowest Origination Fee August 20 4.810% $1,500 $68,326
No Change
Change from August 13 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, Goldwater Bank, Goodlife Home Loans, 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.