Reverse Mortgage Rates – June 16, 2009

Rates rose materially last week so the average HECM borrower will see their initial benefits decrease by $ 2,500. But today, rates fell which may mean that benefits will rise again next week? Lots of volatility!



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.

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