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Always Prepare a List of Ten Questions to Ask During

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Always prepare a list of ten questions to ask during an interview.


Definitions:

Market Interest Rates

The prevailing rates at which borrowers and lenders conduct transactions in the open market.

Buy A Put Option

The purchase of a financial contract allowing the holder to sell a specific amount of an asset at a set price within a specified timeframe.

Interest Rate Cap

A limit on the maximum interest rate increase that can be charged on a variable-rate loan or mortgage.

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