TIPS
TIPS
TIPS, or Treasury inflation-protected securities, are U.S. Treasury-issued bonds that automatically adjust the principal for inflation, as measured by the consumer price index. Since interest is paid on the principal amount, the yield benefits from these periodic inflation adjustments. TIPS pay interest every six months, and the principal is repaid at maturity.
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| Loan Type | Today |
|---|---|
| 30 yr fixed |
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| 15 yr fixed |
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| 5/1 ARM | 3.99 |
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