Equity mortgage
Equity mortgage
An equity mortgage is a real estate property loan that gives the lender a share of the proceeds when the property is sold. In essence, the lender gives the borrower a lower interest rate in exchange for an ownership share in the mortgaged property.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
