Reserve
Reserve
Reserve is any amount set aside to cover unexpected circumstances. In personal finance, a reserve can be the household's emergency fund. In asset-based lending, the reserve is the value of the collateral over and above the debt outstanding.
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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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