Reverse Mortgage Rates for February 5, 2019

Reverse Mortgage Rates and Origination Fees for Tuesday, February 5 2019
Reverse Mortgage Rates and Origination Fees for Tuesday, February 5 2019
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again for the 17th consecutive week on an unchanged original fee quote.  The lowest origination fee quote was unchanged from last week. 
Tuesday, February 5 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 5 4.250% $6,000 $70,497
No Change
Change from January 29 No Change No Change
Lowest Origination Fee February 5 4.810% $995 $68,842
+$95
Change from January 29 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.
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