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    Real Estate Principles Study Set 2
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    Exam 10: Residential Mortgage Types and Borrower Decisions
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    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 19

Question 19

Multiple Choice

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


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

Correct Answer:

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