Callable CD or bond
Callable CD or bond
A callable CD or bond can be redeemed by the issuer before the scheduled maturity date. The issuer might choose to call the instrument if interest rates drop, such that redeeming the CD/bond and reissuing a new one would save on financing charges.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed | 4.39 |
| 5/1 ARM | 3.69 |
Rates may contain points
