A mortgage loan that has a variable interest rate over the life of the loan is known as a(n) ________ mortgage.
A) adjustable term
B) secondary
C) subprime
D) prime
E) adjustable rate
Correct Answer:
Verified
Q72: You have purchased your first home for
Q73: Charles buys a house and waits till
Q74: The Dodd-Frank Act includes the Volker rule,which
Q75: Experian,TransUnion,and Equifax are the three major consumer
Q76: The LTV value of the home loans
Q78: An adjustable rate mortgage entices borrowers with
Q79: Which of the following is an example
Q80: In an adjustable rate mortgage,_.
A) collateral is
Q81: What is the relationship between the Fed's
Q82: What is a bubble?
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents