Reverse Mortgage Rates – July 28, 2009

Despite the 10-year swap rate rising by ten basis points, there is no change in principal limits as both this week and last week’s rates fall into the same nearest eighth bucket.

The rates as of 7/28/09 are:

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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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