Back-end load
Back-end load
Back-end load is a sales charge that's assessed when an investor sells mutual fund shares. These charges are usually structured to discourage frequent trading; the fee is highest in the first year of share ownership, and decreases as the shares are held for longer periods.
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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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