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If the mortgage rate rises

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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If the mortgage rate rises from 5% to 10% yet the appreciation of houses that consumers can buy rises from 2% to 9% would you be
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2. asked by Moo
3. 326 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. 930 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. 661 views
The variable interest rate for a mortgage changes in response to movements in the market and the rate used is usually referred
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Case: A borrower received a 30-year ARM mortgage loan for $200,000. Rate caps are 3/2/6. The start rate is 3.50% and the loan
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2. asked by jim
3. 3,955 views
A borrower received a 30-year ARM mortgage loan for $120,000. The start rate was 3.50% and the loan adjusts every 12 months for
1. 3 answers
2. asked by Pauline Holcomb
3. 1,365 views
You have a $250,000 mortgage. The 30- year fixed rate is 8.5%. You have had your house for ten years. You have 20 years
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2. asked by kate
3. 662 views
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. 2,246 views
A second-order autoregressive model for annul average mortgage rate is:Rate i = 0.5 + 1.0(Rate) i-1 - 0.5 (Rate) i-2 If the
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2. asked by Mark
3. 80 views