Valuable consideration
Valuable consideration
Valuable consideration is a legal concept that refers to something of worth that underlies an agreement. For a contract to be valid, there must be valuable consideration, meaning that there must be some value associated with the obligations described in the contract. An example of an arrangement that lacks valuable consideration would be a contract obligating one party to give his house to another party for nothing in return.
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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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