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Author Question: It is estimated that in 2007, percent of elders owned their own homes free and clear a. 26 b. 45 ... (Read 81 times)

Sufayan.ah

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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.


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Harbringer

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Reply #1 on: Aug 23, 2018
Answer to Question 1

ANSWER: c

Answer to Question 2

ANSWER: b


Sufayan.ah

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Reply 2 on: Aug 23, 2018
Great answer, keep it coming :)

amit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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