Question 13 (5 points
if the current mortgage rates are high and expected to drop in the near future, which of the following loans do you not want to get?
fixed rate
15-year
variable rate
30-year

Question

20-07-2022
Mathematics

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Question 13 (5 points
if the current mortgage rates are high and expected to drop in the near future, which of the following loans do you not want to get?
fixed rate
15-year
variable rate
30-year

Respuesta :

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-07-20T21:58:03+02:00

When the current mortgage rates are high and expected to drop in the near future, the loans that will be gotten is one that has C. variable rate.

What is mortgage?

It should be noted that a mortgage simply means a loan that's made by a bank to purchase a house.

In this case, the current mortgage rates are high and expected to drop in the near future, the loans that will be gotten is one that has a variable rate. This is because once the mortgage rate decreases, one will pay a lesser amount.

Learn more about mortgage on:

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Question 13 (5 points if the current mortgage rates are high and expected to drop in the near future, which of the following loans do you not want to get? fixed rate 15-year variable rate 30-year

Respuesta :

What is mortgage?

Otras preguntas

Question 13 (5 points
if the current mortgage rates are high and expected to drop in the near future, which of the following loans do you not want to get?
fixed rate
15-year
variable rate
30-year