{"id":5260,"date":"2024-03-05T20:51:11","date_gmt":"2024-03-05T20:51:11","guid":{"rendered":"https:\/\/frankbuysphilly.com\/the-month-in-reverse-mortgage-rates-march-2024\/"},"modified":"2024-03-05T20:51:11","modified_gmt":"2024-03-05T20:51:11","slug":"the-month-in-reverse-mortgage-rates-march-2024","status":"publish","type":"post","link":"https:\/\/frankbuysphilly.com\/the-month-in-reverse-mortgage-rates-march-2024\/","title":{"rendered":"The month in reverse mortgage rates: March 2024"},"content":{"rendered":"
\n<\/p>\n
The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates<\/a> that impact the HECM product. For this reason, I will provide a short monthly educational focus, followed by a summary of the HECM rate market.<\/p>\n Keep in mind that almost all HECMs are adjustable-rate mortgages<\/a> (ARMs), and so each rate update will concentrate on ARMs.<\/p>\n