Which of the Following Would Increase the Equity in a Home

question 78

Multiple Choice

Which of the following would increase the equity in a home at a faster rate?

• A)Making a down payment of 10 percent instead of 20 percent
• B)Obtaining a mortgage interest rate of 9 percent instead of 8 percent
• C)Obtaining a 15-year mortgage instead of a 30-year mortgage
• D)Making larger deposits to the escrow account
• E)Obtaining an interest-only mortgage

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Definitions:

Physical Response

The bodily reaction to stimuli, encompassing everything from reflexes to complex responses like the fight or flight reaction.

Stressor

Any event, situation, or stimulus that causes stress or a physiological response to challenge or threat.

Varied Diet

A diet that includes a wide range of different foods to ensure intake of an assortment of nutrients necessary for good health.

Moderate Exercise

Physical activity that is not too strenuous but sufficient to improve or maintain one's fitness level, often recommended for overall health.