The main difference between a traditional mortgage and an ARM is the _____.
Select the best answer from the choices provided.
higher down payment
changeable interest rate
lower costs to the homeowner
lack of homeowner's insurance
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OpenStudy (anonymous):
@JoannaBlackwelder
OpenStudy (joannablackwelder):
Changeable interest rate. I think we had this question before.
OpenStudy (anonymous):
Which event will definitely make a new mortgage loan more expensive?
Select the best answer from the choices provided.
a rise in interest rates
a drop in interest rates
a rise in stock prices
a drop in stock prices
OpenStudy (anonymous):
A?
OpenStudy (joannablackwelder):
Looks right to me. :)
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OpenStudy (anonymous):
i passsed
OpenStudy (anonymous):
yessssssssssssssssssssssssssssss
OpenStudy (anonymous):
i got 92 on it
OpenStudy (joannablackwelder):
Alright!!! Great job! :)
OpenStudy (anonymous):
lets do another one?
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OpenStudy (joannablackwelder):
I'm not sure how long I'll be able to stay on...
OpenStudy (anonymous):
:(
OpenStudy (joannablackwelder):
:( i have some work I need to get done..
OpenStudy (anonymous):
you leaving now?
OpenStudy (joannablackwelder):
Not right now.
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OpenStudy (joannablackwelder):
I just don't know when I 'll have to go yet.
OpenStudy (anonymous):
okay mate im read the tutorial
OpenStudy (anonymous):
ill pay you mate for your big belp
OpenStudy (joannablackwelder):
Ok :)
OpenStudy (joannablackwelder):
My PayPal is joannablackwelder@gmail.com Thanks! I'm glad I can help!
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OpenStudy (anonymous):
okay mate
OpenStudy (anonymous):
ichelle is investigating bonds she might want to buy. One is a TIPS with a coupon of 2% and another is a fixed-rate Treasury with a 6% coupon. Compare the potential earnings for the two bonds.
Select the best answer from the choices provided.
The TIPS bond will earn more.
The fixed rate Treasury will earn more.
Both bonds earn the same amount.
The yields of one or both bonds are variable.
OpenStudy (anonymous):
@JoannaBlackwelder
OpenStudy (joannablackwelder):
Hm, I'm not really sure of the difference.
OpenStudy (anonymous):
im reading
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