Reverse Mortgage Rates for February 19, 2019

Reverse Mortgage Rates and Origination Fees for Tuesday, February 19 2019
Reverse Mortgage Rates and Origination Fees for Tuesday, February 19 2019
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again for the 19th consecutive week on an unchanged original fee quote.  The lowest origination fee quote was unchanged from last week. 
Tuesday, February 19 Report on Pricing of Fixed-Rate2 HECM Reverse Mortgage
Pricing by 6 competing Reverse Mortgage Lenders1 Interest Rate Origination Fee Maximum Cash Draw by Owner aged 65 with Home Equity of $300,000
Lowest Interest Rate February 19 4.250% $6,000 $70,497
No Change
Change from February 12 No Change No Change
Lowest Origination Fee February 19 4.810% $995 $68,842
No Change
Change from February 12 No Change No Change
1 The following lenders report their interest rates and origination fees to www.mtgprofessor.com: All Reverse, Signet Mortgage, First Bank, Retire Secure, Goldwater Bank, Longbridge Financial, Centennial Home Mortgage
2 Fixed-rate pricing published every Tuesday; Adjustable-rate pricing published every Thursday

View historical market rates on HECM reverse mortgages.
Sign up to Receive New Articles
Print