How will rising interest rates affect reverse mortgages?
Funding Longevity Task Force at The American College
The Fed’s recent decision to hike the benchmark interest rate will have a mixed effect on the reverse mortgage space, experts predict.
Reverse borrowers who want a fixed-rate, one-time draw will probably see the effects the soonest, according to a report by Reverse Mortgage Daily.
Smith, Ryan, "How will rising interest rates affect reverse mortgages?" (2017). In the News. 2103.