Reverse Mortgage Rates – July 14, 2009

July 14th, 2009 | by John Yedinak Published in News, Rates, Reverse Mortgage

The average HECM borrower will see their initial benefits increase by $ 2,500 today. Over the last four weeks, benefits have risen by $10,000! Four weeks ago the 10-year LIBOR swap rate was 4.22%, today it’s 3.60%.

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