Reverse Mortgage Rates and Origination Fees for Tuesday, June 25 2019
Posted 9:35am EST
The lowest rate in our Fixed-Rate HECM survey dipped sharply to 3.990% this week on a lower origination fee quote. The lowest origination fee was unchanged from last week. 
Tuesday, June 25 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 June 25 3.990% $4,000 $75,366
+3,880
Change from June 18 -0.190 -1,000
Lowest Origination Fee June 25 4.810% $1,500 $68,326
No Change
Change from June 18 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.