This Week's Reverse Mortgage Rates: February 2, 2010
This week's reverse mortgage rates are below. The rates will be effective from February 2, 2010 through February 8, 2010.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 6.00
HECM LIBOR 250: 6.25
APRs fell this week, while expected rates dropped slightly. It's nice to see that rates continue to fall. The HECM LIBOR 275 margin will no longer be listed, as it is not being offered.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 6.00
HECM LIBOR 250: 6.25
APRs fell this week, while expected rates dropped slightly. It's nice to see that rates continue to fall. The HECM LIBOR 275 margin will no longer be listed, as it is not being offered.
Labels: APR, expected rate, expected rates, hecm, LIBOR, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates
posted by a wanderer @ 10:16 PM
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