The month in reverse mortgage rates: March 2024
Housing Wire
MARCH 5, 2024
Why are there two HECM interest rates used with HECM loans? EXPECTED RATES When calculating principal limits, HUD requires lenders to use long-term forecasted rates (tied to the 10-year Constant Maturity Treasury [CMT] rate). lender margins are used for education purposes only. With a HECM loan, the U.S.
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