This Week's Reverse Mortgage Rates: March 23, 2010

This week's reverse mortgage rates are below. The rates will be in effect from March 23, 2010 to March 29, 2010.

APR:
HECM LIBOR 225: 2.475
HECM LIBOR 250: 2.725

Expected Rates:
HECM LIBOR 225: 5.97
HECM LIBOR 250: 6.22

APRs fell this week, for the first time in nearly a month and a half. Expected rates however rose slightly. We'll see what next week has in store.

This Week's Reverse Mortgage Rates: March 16, 2010

This week's reverse mortgage rates are below. The rates will be in effect from March 16, 2010 to March 22, 2010.

APR:
HECM LIBOR 225: 2.480
HECM LIBOR 250: 2.730

Expected Rates:
HECM LIBOR 225: 6.01
HECM LIBOR 250: 6.26

Breaking a long standing trend, APRs rose this week for the first time in over a month and a half. Expected rates also rose this week. Will the rates go back down? Stay tuned.

This Week's Reverse Mortgage Rates: March 9, 2010

This week's reverse mortgage rates are below. The rates will be in effect from March 9, 2010 to March 15, 2010.

APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729

Expected Rates:
HECM LIBOR 225: 5.95
HECM LIBOR 250: 6.20

As we head into March, APRs remain the same for the fifth week in a row. Rates fell again this week, the second significant drop in a row. Hopefully the trend will continue.

This Week's Reverse Mortgage Rates: March 2, 2010

This week's reverse mortgage rates are below. The rates will be in effect from March 2, 2010 to March 8, 2010.

APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729

Expected Rates:
HECM LIBOR 225: 6.03
HECM LIBOR 250: 6.28

As we head into March, APRs remain the same for the fifth week in a row. On the other hand, rates fell this week, partly reversing last week's rise.