Rates are still very low on the government-backed FHA reverse mortgage.

FHA Reverse Mortgage - Home Equity Conversion Mortgage (HECM)
3.71% based on the One Year CMT index plus a margin of 1.5%.
The fixed rate HECM is at 6.18% to 6.85%

Jumbo Reverse Mortgages:
Variable Rate Jumbo Reverse Mortgage: 5.96%
Fixed Rate Jumbo Reverse Mortgage: 9.125%

Fannie Mae Home Keeper Reverse Mortgage is at 5.875%

Disclaimer: Of course, interest rates do not include closing costs which vary. A reverse mortgage quote will provide the details like closing costs and the Total Annual Loan Cost. I specialize in California Reverse Mortgages.