Modified pass-through
Modified pass-through
Modified pass-through describes a mortgage-backed security that guarantees interest and principal payments to certificate holders, regardless of whether the underlying mortgage payments are actually received. The payments are guaranteed by the Government National Mortgage Association, also known as Ginnie Mae.
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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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