Borrower
Borrower
A borrower is an individual or entity that receives loaned funds or property and is required to return those funds or property at some future date. In the financial sense, a borrower is one who draws money from a credit facility, and is contractually obligated to pay back the principal plus interest.
National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.93 |
| 15 yr fixed | 4.38 |
| 5/1 ARM | 3.79 |
Rates may contain points