Comparable value
Comparable value
Comparable value is a measurement of worth based on the selling price of a similar item. In real estate, comparable value is one of the key factors to consider when setting an asking price, with similar, recently sold properties being used as the basis for comparison. In other contexts, such as retail, comparable value is more subjective and less reliable.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
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