Reverse Mortgage Rates for May 28, 2019

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Reverse Mortgage Rates and Origination Fees for Tuesday, May 28 2019
Reverse Mortgage Rates and Origination Fees for Tuesday, May 28 2019
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged again this week on an unchanged origination fee quote. The lowest origination fee was also unchanged from last week. 
Tuesday, May 28 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 May 28 4.180% $5,000 $71,486
No Change
Change from May 21 No Change No Change
Lowest Origination Fee May 28 4.810% $1,500 $68,326
No Change
Change from May 21 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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