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Reverse Mortgages Interest Rates

Reverse mortgage interest rates for the most popular programs, current as of today:

FHA Home Equity Conversion Mortgage (HECM) rate: 3.43% (Index is the 1 Year CMT at 1.93% plus a margin of 1.5%)

FHA Fixed rate HECM Reverse Mortgage: 6.7% to 6.81% (depending on the bank)

Bank of America Independence Plan Reverse Mortgage: Suspended

Financial Freedom Cash Account Advantage Reverse Mortgage: 6.37% (Index is 6 month LIBOR at 2.87% plus margin of 3.5%)

Interest rates are not an APR (do not include closing costs). Please get a reverse mortgage quote for details.

Posted by Luke Helm on 05/06/2008 12:11 PM

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Luke Helm

Carlsbad, CA

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www.Reverse-Mortgage-Info.net

Address: 300 Carlsbad Village Dr, Ste 108A, Carlsbad, CA, 92008

Office Phone: (866) 311-3360

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