Tuesday, September 10 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 September 10 | 3.680% | $5,950 | $76,384 +$103 ![]() |
Change from September 3 | No Change | No Change | |
Lowest Origination Fee September 10 | 4.810% | $1,500 | $68,414 +$103 ![]() |
Change from September 3 | No Change | No Change |