Author Question: It is estimated that in 2007, percent of elders owned their own homes free and clear a. 26 b. 45 ... (Read 74 times)

Sufayan.ah · **on:** Aug 23, 2018

It is estimated that in 2007, percent of elders owned their own homes free and clear

a. 26
b. 45
c. 68
d. less than 10

Question 2

In a reverse mortgage, the borrower

a. pays only interest, not principle, for the years of the loan.
b. increases indebtness while drawing down the equity in the home.
c. makes smaller interest payments in the last years of the loan.
d. makes a lump sum payment to pay off the loan.