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An Institution That Originates and Holds a Fixed-Rate Mortgage Is

Question 54

Multiple Choice

An institution that originates and holds a fixed-rate mortgage is adversely affected by ____ interest rates; the borrower who was provided the mortgage is adversely affected by ____ interest rates.


A) stable; decreasing
B) increasing; stable
C) increasing; decreasing
D) decreasing; increasing

Correct Answer:

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