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1) What type of mortgage

which type of loan features lower interest rates for a short duration, then changes when current rate averages?A. Point based
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2. asked by unit
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Describe mortgage protection life insurance.(1 point)Responses a type of insurance that pays off the balance of a mortgage in
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2. 56 views
Suppose you take out a mortgage for $750000 at 5% interest per year compounded annually. If your mortgage is amortized over 5
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2. asked by Lesedi
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a. Graduated payments result in the borrower payingA. more at the beginning of the mortgage. B. less at the beginning of the
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2. asked by Amy
3. 2,245 views
A couple needs a mortgage of $300,000. Their mortgage broker presents them with two options: a 30-year mortgage at8 1/2%
1. 6 answers
2. asked by jayleen
3. 716 views
A couple needs a mortgage of $300,000. Their mortgage broker presents them with two options: a 30-year mortgage at 8 1/2%interes
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2. asked by Fay
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Which of the following is an example of direct finance?(1 point)Responses An individual applies for a mortgage through a
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2. 81 views
A mortgage broker is offering a $225,000 30-year mortgage with a teaser rate. In the first two years of the mortgage, the
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2. asked by Dashawn
3. 927 views
Ina is negotiating a mortgage of $145 000 for her new house. Determine Ina's monthly payments for a mortgage at 5% annum,
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2. asked by REALLY URGENT
3. 577 views
You have a $200,000 mortgage. You have had the house for one year. The rate is 7.5% fixed for 30 years. Rates have come down and
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2. asked by Kate
3. 660 views