MortgageReverse

Reverse Mortgage Rates – June 9, 2009

The average HECM borrower will see their initial benefits decrease by $ 2,500 on June 9, 2009. A LIBOR+250 gives  7.9% more than a T+350: 

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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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