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jonunderwood007 · Joined: 03 Sep 2009 Posts: 38 -0.40 Dollars($)

what are the reverse mortgage rates

nelsoncarolyn1946 · Joined: 03 Sep 2009 Posts: 38 0.00 Dollars($)

reverse mortgages are subject to fixed or adjustable interest rates and also carry the similar payment of various closing fees. in the case of a reverse mortgage, the lender, a bank or traditional mortgage lender may provide for the financing of any applicable fees.

lovegreg77 · Joined: 03 Sep 2009 Posts: 34 0.00 Dollars($)

details are available at http://www.mortgagefit.com/reverse.html

raymond · Posted: Sat Oct 10, 2009 9:31 am Post subject:

The lowest fixed interest rate is 5.56%. The lowest variable program is 2.744. The index used for the variable program is the 1 month LIBOR and it changes every Tuesday, until you sign the loan documents. It's locked for 4 months after the documents are signed. After the loan funds the interest rate will adjust monthly.

leeelliot61 · Joined: 13 Sep 2009 Posts: 188 0.01 Dollars($)

A reverse mortgage is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments

Reverse mortgage rates are the same for all reverse mortgage lenders

leeelliot61 · Joined: 13 Sep 2009 Posts: 188 0.01 Dollars($)

Reverse mortgages may have fixed or variable rates

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