The Reverse Mortgage Minute

Monday, March 15, 2010

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.

Labels: , , , , , , , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home