Reverse Mortgage Rates for June 18, 2019

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Reverse Mortgage Rates and Origination Fees for Tuesday, June 18 2019
Reverse Mortgage Rates and Origination Fees for Tuesday, June 18 2019
Posted 9:35am EST
The lowest rate and in our Fixed-Rate HECM survey was unchanged for the seventh consecutive week on an unchanged origination fee quote. The lowest origination fee was also unchanged from last week. 
Tuesday, June 18 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 June 18 4.180% $5,000 $71,486
No Change
Change from June 11 No Change No Change
Lowest Origination Fee June 18 4.810% $1,500 $68,326
No Change
Change from June 11 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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