Reverse Mortgage Interest Rates 2024. Learn about the expected changes in reverse mortgage regulations in 2024, such as consumer protections, interest rate adjustments, counseling requirements, and. The best reverse mortgage companies offer various loan options, competitive interest rates, low closing costs and effective customer service.
A good reverse mortgage interest rate depends on the type of loan and when you get it, as rates can fluctuate over. Potential initial costs include interest rates, private mortgage insurance (pmi), origination fees, your payment option choice, appraisal and title search fees, and other closing costs.