MortgageReverse

Reverse Mortgage Rates – March 3, 2009

This week, Treasury-based HECM’s with a margin of +265 or less can pay the HECM maximum Principal Limit. Ditto for LIBOR-based HECM’s with margins of +221 or less.

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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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