This Week's Reverse Mortgage Rates: February 17, 2010
This week's reverse mortgage rates are below. The rates will be in effect from February 17, 2010 to February 22, 2010.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 5.99
HECM LIBOR 250: 6.24
APRs and expected rates remained mostly the same for the third consecutive week, this time with the small increase in APR while the expected rates dropped slightly. Next week the rate schedule will hopefully return to normal with the end of blizzards and national holidays for the time being.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 5.99
HECM LIBOR 250: 6.24
APRs and expected rates remained mostly the same for the third consecutive week, this time with the small increase in APR while the expected rates dropped slightly. Next week the rate schedule will hopefully return to normal with the end of blizzards and national holidays for the time being.
Labels: APR, expected rate, expected rates, February, LIBOR, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates
posted by a wanderer @ 10:19 PM
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