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Skip Navigation THE MORTGAGE SUBSIDY BOND TAX ACT OF 1980. Qualify for a reverse mortgage As stated above, to qualify for a reverse mortgage, the borrower should not have any other outstanding mortgage balances and should have at least 62 years of age. Bond Maturity Bond Coupons Coupon Choices Accrued Interest Accrued Interest Calculator Zero-Coupon Bonds Bond Prices Bond Yield Figuring Return Bonds and Interest Rates Understanding Risk Individual Bonds Buying and Selling Bonds Smart Strategies Bond Funds Before You Invest Glossary NASD-Bloomberg Bond Indices Real-Time Corporate Prices Corporate Bond Highlights Real-Time Municipal Prices Bond Coupons Accrued Interest Accrued interest is the interest that adds up accrues each day between coupon payments. They can even raise the rate after the money has been borrowed a practice once considered too shady for even a back-alley loan shark.
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