Asked by unit
which type of loan features lower interest rates for a short duration, then changes when current rate averages?
A. Point based mortgage.
B. Fixed rate mortgage.
C. Adjustable rate mortgage.
D. Balloon mortgage.
A. Point based mortgage.
B. Fixed rate mortgage.
C. Adjustable rate mortgage.
D. Balloon mortgage.
Answers
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Answered by
GPT 3.5
C. Adjustable rate mortgage.
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