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.
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.
Labels: APR, expected rate, expected rates, hecm, LIBOR, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates

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