How Do Interest Rates Affect Reverse Mortgages

How Do Interest Rates Affect Reverse Mortgages
How do interest rates affect reverse mortgages? What is the “Initial” interest rate? What is the “Expected” interest rate? How do these rates affect me if I want to use a reverse mortgage to buy a home? All of these questions and more are answered on the show today.
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Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

Bruce Simmons

Bruce Simmons

I absolutely love what I do - working with senior homeowners to help them live a more comfortable, flexible and secure retirement. I have the absolute best customers in the world, and even though I worked in the forward mortgage business for a number of years, I could never go back to doing conventional loans. I'm a 100% reverse mortgage specialist.

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