Tax-exempt security
Tax-exempt security
Tax-exempt security is a mutual fund or bond that produces income which isn't subject to federal income taxes. Tax-free municipal bonds are an example. These are fixed-income securities issued by state, county, city, or local governments. Mutual funds that invest strictly in tax-exempt securities would also be tax-exempt.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.39 |
| 5/1 ARM | 3.69 |
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