This Week's Reverse Mortgage Rates: March 9, 2010
This week's reverse mortgage rates are below. The rates will be in effect from March 9, 2010 to March 15, 2010.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 5.95
HECM LIBOR 250: 6.20
As we head into March, APRs remain the same for the fifth week in a row. Rates fell again this week, the second significant drop in a row. Hopefully the trend will continue.
APR:
HECM LIBOR 225: 2.479
HECM LIBOR 250: 2.729
Expected Rates:
HECM LIBOR 225: 5.95
HECM LIBOR 250: 6.20
As we head into March, APRs remain the same for the fifth week in a row. Rates fell again this week, the second significant drop in a row. Hopefully the trend will continue.
Labels: APR, expected rate, expected rates, hecm, LIBOR, March, reverse mortgage, reverse mortgage rates, reverse mortgages, this week, this week's reverse mortgage rates
1 Comments:
At July 14, 2010 at 4:02 PM ,
Reverse Mortgage Expert said...
HECM LIBOR 175?
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