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Author Question: Adjustable rate mortgages with extremely low initial interest rates which enable high risk buyers to ... (Read 52 times)

dmcintosh

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  • Posts: 517
on: Jun 30, 2018
Adjustable rate mortgages with extremely low initial interest rates which enable high risk buyers to purchase homes are known as:
 a. upside down mortgages.
 b. ARMs.
 c. sub-prime loans.
 d. mortgage backed securities.

Question 2

In general, the purpose of markets is to facilitate the exchange of goods and services between buyers and sellers.
 a. True
  b. False
  Indicate whether the statement is true or false


wuly

  • Sr. Member
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  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

True


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