Endowment
Endowment
An endowment is an income-earning asset that's been donated to a non-profit group or institution. The income from the asset, and sometimes part of the principal, are to be used for a specific, donor-requested purpose. Most endowments are in the form of cash and securities.
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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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