Short sale
Short sale
A short sale is an investing strategy that involves the sale of securities that are borrowed and not owned. The seller agrees to the transaction with the expectation that the security will go down in price; when the decline occurs, the seller can purchase the security on the open market at a lower price than the amount generated by the short sale.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.38 |
| 5/1 ARM | 3.68 |
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