How Long Is the Expected Average Mortgage Life of a Mortgage

question 55

Multiple Choice

How long is the expected average mortgage life of a mortgage held in a 30-year mortgage pool with a 100 PSA?

• A) 14.68 years
• B) 18.29 years
• C) 21.33 years
• D) 23.90 years
• E) 25.25 years

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