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    Real Estate Principles
  4. Exam
    Exam 10: Residential Mortgage Types and Borrower Decisions
  5. Question
    Since Conforming Loans Can Be Much More Readily Bought and Sold
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Since Conforming Loans Can Be Much More Readily Bought and Sold

Question 2

Question 2

Multiple Choice

Since conforming loans can be much more readily bought and sold in the secondary mortgage market, they carry a(n) _______ interest rate than comparable nonconforming loans.


A) higher
B) equal
C) lower
D) more volatile

Correct Answer:

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