Refinancing of a Mortgage Is Recommended When

question 70

Multiple Choice

Refinancing of a mortgage is recommended when:

• A)interest rates rise.
• B)interest rates fall.
• C)the escrow account balance declines.
• D)two or more points are required by the lender at the time of closing.
• E)the escrow account balance increases.

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Definitions:

Differentiate

The process by which cells or tissues undergo a change from a generalized to a more specialized form or function.

Adult Cell Types

Categories of cells that have differentiated to perform specific functions in the body of an adult organism.

Hemopoietic Tissue

Blood-forming tissue.

Red Bone Marrow

A tissue found in the interior of bones, rich in blood vessels and stem cells, responsible for the production of blood cells.