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Reverse Mortgage Rates – December 15, 2009

December 15th, 2009  |  by admin Published in News, Rates, Reverse Mortgage

The average reverse mortgage borrower with a LIBOR based product will see their Initial Benefits decrease by another $ 2,750. 

The rates as of 12/15/09 are:

image

Reverse Mortgage Rate Updates are brought to you by Jerry Wagner & Ibis Reverse Mortgage Software – The Industry Standard Since 1995. This is not just a slogan — six of the top 10 reverse mortgage originators plus NRMLA and the AARP use Ibis Software for their websites, retail and wholesale businesses.

Technorati Tags: Reverse Mortgage,HECM,FHA,HUD,Rates,News

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