Reverse Mortgage Rates and Origination Fees for Wednesday, December 26 2018
by Jack Guttentag
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again for the 11th consecutive week on an unchanged original fee quote.  There were no zero origination fee quotes in the survey for the first time in 10 weeks; the lowest origination fee quote was up by $995. 
Tuesday, December 26 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 December 26 4.250% $6,000 $70,402
No Change
Change from December 18 No Change No Change
Lowest Origination Fee December 26 4.810% $995 $68,747
-$2,273
Change from December 18 +0.060 +$995
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
Use the Kosher Reverse Mortgage Calculator Learn How the Kosher Reverse Mortgage is Different

View historical market rates on HECM reverse mortgages.