If you expect interest rates to rise in the future,which type of mortgage loan (shown below)would you prefer?

Question

Quizplus · Accepted Answer

A fixed rate mortgage loan would be the best choice if you expect interest rates to rise in the future, as it locks in your interest rate and protects you from potential increases. Graduated payment and shared appreciation mortgages typically have variable interest rates or payments, while adjustable rate mortgages will also be subject to interest rate fluctuations.

If You Expect Interest Rates to Rise in the Future,which