The month in reverse mortgage rates: September 2024 by Dan Hultquist for HousingWire
HousingWireHousingWire In the August rate update, I explained why over 99% of Home Equity Conversion Mortgages (HECMs) are variable interest rate loans and the advantages of this over the fixed-rate counterpart. Some of those advantages improve over time, like the organic line-of-credit growth. So, would it make sense to apply…
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