This Week's Reverse Mortgage Rates: January 19, 2010
This week's reverse mortgage rates are below. The rates will be effective from January 19, 2010 through January 25, 2010.
APR:
HECM LIBOR 225: 2.483
HECM LIBOR 250: 2.733
HECM LIBOR 275: 2.983
Expected Rates:
HECM LIBOR 225: 6.08
HECM LIBOR 250: 6.33
HECM LIBOR 275: 6.58
Although APRs remained the same this week, expected rates fell significantly, falling for the second straight week.
Next week's rates will be reported on Monday.
APR:
HECM LIBOR 225: 2.483
HECM LIBOR 250: 2.733
HECM LIBOR 275: 2.983
Expected Rates:
HECM LIBOR 225: 6.08
HECM LIBOR 250: 6.33
HECM LIBOR 275: 6.58
Although APRs remained the same this week, expected rates fell significantly, falling for the second straight week.
Next week's rates will be reported on Monday.
Labels: APR, expected rate, expected rates, hecm, January, LIBOR, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates
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