Mortgage pass-through security
Mortgage pass-through security
A mortgage pass-through security is an investment vehicle that's backed by a pool of mortgage loans, where the investor receives principal and interest payments (less a fee) as payments are made on the underlying mortgage loans.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
5.03 |
| 15 yr fixed |
4.58 |
| 5/1 ARM | 3.99 |
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