Reverse Mortgage Rates for January 29, 2019

Reverse Mortgage Rates and Origination Fees for Tuesday, January 29 2019
Reverse Mortgage Rates and Origination Fees for Tuesday, January 29 2019
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again for the 16th consecutive week on an unchanged original fee quote.  The lowest origination fee quote was unchanged from last week. 
Tuesday, January 29 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 January 29 4.250% $6,000 $70,497
No Change
Change from January 22 No Change No Change
Lowest Origination Fee January 29 4.810% $995 $68,747
+$95
Change from January 22 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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