This Week's Reverse Mortgage Rates: February 23, 2010
This week's reverse mortgage rates are below. The rates will be in effect from February 23, 2010 to March 1, 2010.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 6.09
HECM LIBOR 250: 6.34
Although APRs remained the same for fourth week in a row. However, rates rose this week by a .1, a significant margin. Will the APR finally change? Stay tuned next week.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 6.09
HECM LIBOR 250: 6.34
Although APRs remained the same for fourth week in a row. However, rates rose this week by a .1, a significant margin. Will the APR finally change? Stay tuned next week.
Labels: APR, expected rate, expected rates, February, hecm, LIBOR, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates
posted by a wanderer @ 11:28 PM
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