Retirement Planning Education, with Andy Panko cover image

#042 - Everything you wanted to know about reverse mortgages, with Josh Blum (Part 1 of 2)

Retirement Planning Education, with Andy Panko

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Hecom Mortgage Rates Are Really Cheap Right Now

David Myers: When we compare this to traditional mortgages, I would say it's really pretty much right in line. There might be a little bit of a premium there, but it's not as if I'm paying a large premium or delta in my interest rates simply because it's a reverse mortgage. Chances are if there is a premium, it's minor. And for the benefit of not having to make payment, I think most people would look at it as a fairly reasonable premium,. But they're pretty close in line, David.

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