Open-end credit

Open-end credit

An open-end credit is the same thing as a revolving credit line; it's an agreement between a lender and a borrower where the borrower can borrow, pay down, and then re-borrow the funds up to an approved limit.

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National Rates

Loan Type Today
30 Year Fixed   6.06
15 Year Fixed   5.70
5/1 Adjustable   5.76

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