This Week's Reverse Mortgage Rates: February 11, 2010
After a long delay, this week's reverse mortgage rates are below. The rates will be effective from February 11, 2010 through February 16, 2010.
APR:
HECM LIBOR 225: 2.478
HECM LIBOR 250: 2.728
Expected Rates:
HECM LIBOR 225: 6.01
HECM LIBOR 250: 6.26
APRs and expected rates remained mostly the same this week, with APRs dropping marginally and expected rates rising slightly. The release of rates will be delayed next week due to the Presidents Day federal holiday.
APR:
HECM LIBOR 225: 2.478
HECM LIBOR 250: 2.728
Expected Rates:
HECM LIBOR 225: 6.01
HECM LIBOR 250: 6.26
APRs and expected rates remained mostly the same this week, with APRs dropping marginally and expected rates rising slightly. The release of rates will be delayed next week due to the Presidents Day federal holiday.
Labels: APR, expected rates, LIBOR, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates
posted by a wanderer @ 7:45 PM
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