June 19th, 2010 11:24 AM by Juan Luis Rodriguez-Kohly
There is a NEW Fixed Interest Rate Plan WITHOUT "Origination Fee". Now you could save up to $6,000.
Also without "Service Fee" by which you could receive even more proceeds from a Reverse Mortgage at closing.
The new Reverse Mortgage Plans based on the LIBOR are now offering incentives that the older Plans could not offer.
On top of that, today interest rates are at a historically low level. When home values start to increase, I think we will see rates increasing.
I hope I am wrong.
For most answers visit http://HappySeniorHomeOwners.com (English & Spanish)