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 | 4.83 |
| 15 yr fixed | 4.41 |
| 5/1 ARM |
3.80 |
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