CL Home Loan
|30 Year Fixed Conforming||6.125%|
|15 Year Fixed Conforming||5.75%|
|5/1 Year Fixed Conforming||6.875%|
updated at 05/30/2023
What Is a Mortgage Par Rate?A mortgage par rate is the standard interest rate calculated by an underwriter and assigned to a borrower for a specific lending product. A mortgage par rate is the interest rate a lender will charge a borrower without adjustments for lender credits or discount points. If the lender adjusts the mortgage par rate, it is then referred to as the adjusted par rate.