Current Reverse Mortgage Rates 2024. Only the lump sum (single disbursement) reverse mortgage, which gives you all of the proceeds at once when your loan closes, has a fixed interest rate. The key benefit of a jumbo reverse mortgage is the ability to maximize loan proceeds for a home valued higher than the hud maximum of $1,149,825.

Learn what a reverse mortgage is and how it works at the official blog of all reverse mortgage®. In this new monthly commentary series, reverse mortgage educator dan hultquist explains the way reverse mortgage rates work.