Fixed-rate
Fixed-rate
Fixed-rate describes a loan where the interest rate remains the same for the duration of the facility. Fixed-rate loans are considered more conservative (for borrowers) than adjustable-rate loans, where the rate changes according to economic conditions.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
|
| 15 yr fixed | 4.38 |
| 5/1 ARM | 3.68 |
Rates may contain points