Reverse Mortgage Rates – July 7, 2009

The average HECM borrower will see their initial benefits increase by $2,500 today. That’s up $7,500 over the last three weeks, but still way short of six months ago. The chart assumes that margins were constant over the last two years. The principal limit changes only reflect index changes.

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  • Mr. Wagner,

    Even if they are constant, what margin rates were used?

    In the columnar table, is the change the difference between the lastest indices and those for last week?

    What HECM product is reflected in the graphs, Monthly Adjusting?

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