Penalty
Penalty
A penalty is a punishment incurred by the failure to follow a rule. In taxes, the IRS charges penalties to those who don't pay their taxes on time. In personal finance, credit card companies charge penalties to those who remit their payments late.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
4.83 |
| 15 yr fixed | 4.38 |
| 5/1 ARM | 3.68 |
Rates may contain points
