Question 13 (5 points
if the current mortgage rates are high and expected to drop in the near future, which of the following loans do you not want to get?
fixed rate
15-year
variable rate
30-year

Question

Question 13 (5 points  if the current mortgage rates are high and expected to drop in the near future, which of the following loans do you not want to get?  fixed rate  15-year  variable rate  30-year

thuthuy · Answer

When the current  mortgage  rates are high and expected to drop in the near future, the loans that will be gotten is one that has C.  variable rate.     What is mortgage?  It should be noted that a  mortgage  simply means a loan that's made by a bank to purchase a house.    In this case, the current  mortgage  rates are high and expected to drop in the near future, the loans that will be gotten is one that has a variable rate. This is because once the mortgage rate decreases, one will pay a lesser  amount .    Learn more about  mortgage  on:  brainly.com/question/1318711    #SPJ1

What is mortgage?

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