March 26, 2009
A reverse mortgage allows senior citizens, of at least the age of 62, to convert equity from their principal residence to cash. Similar to a normal mortgage, lower interest rates help make the mortgage more affordable. The Federal Reserve's significant pledge to buy more than a $1 trillion worth of mortgages securities is expected to [...]
|
Average Rates |
Our Featured Rates |
|
|
Savings Account |
0.24% | 0.91% |
|
Money Market Account |
0.20% | 0.91% |
| 1-year CD | 0.48% | 1.04% |
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30-year Fixed Rate Mortgage |
3.64% | 3.38% |
Rate Type:
Rates provided by MoneyRates.com based on average national rates for deposits under $10K and conforming refinance mortgage rates.
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