A Buydown Refers To

question 2

Multiple Choice

A buydown refers to:

• A)a mortgage that starts with unusually low payments that rise over several years to a fixed payment.
• B)financing made available by a builder or seller to a potential new-home buyer at well below market interest rates,often only for a short period.
• C)a fixed-rate mortgage with payments that increase over a specific period.
• D)a mortgage that requires the borrower to pay only interest; typically used to finance the purchase of more expensive properties.
• E)a loan on which payments that equal half the regular annual interest amount are made every six months.

Recognize the role of environmental and genetic factors in development (nature vs. nurture).

Identify research designs used in developmental psychology (cross-sectional, longitudinal, sequential, experimental).

Describe the bioecological approach and its levels as proposed by Bronfenbrenner.

Understand the practical application of developmental theories and research to real-world problems.

---

Definitions:

Support group

A group of people with common experiences or concerns who provide each other with encouragement, comfort, and advice.

Prevalence

The proportion of a particular population found to be affected by a specific condition at a given time.

Etiology

The study of the causes or origins of diseases or disorders.

Concordance

In genetics, the occurrence of the same trait or medical condition in both members of a pair of twins or in multiple members of a family, indicating genetic influence.