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:

Self-fulfilling Behaviors

Actions based on beliefs or predictions that directly or indirectly cause themselves to become true.

DSM-5

The 5th edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification of officially recognized psychiatric disorders, published by the American Psychiatric Association.

Pathologizing

Is the process of viewing or treating behaviors, thoughts, or emotions as indicative of a psychological disorder or illness.

Nonsuicidal Self-injury

Deliberate, self-inflicted harm of one's body tissue without the intention of suicide, often as a way to cope with emotional distress.