Major Factors That Affect the Affordability of Your Mortgage Include

question 56

Multiple Choice

Major factors that affect the affordability of your mortgage include all of the following except

• A) The amount available for a down payment.
• B) Current mortgage rates.
• C) Income.
• D) Length of the loan.
• E) Size of the home.

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Definitions:

Health Care

A broad field involving the provision of medical services to prevent, treat, and manage illness, as well as to preserve mental and physical well-being through the services offered by the medical, nursing, and allied health professions.

Motor Vehicle

A self-propelled vehicle used for transportation of people or goods on roads.

Tailgating

The practice of driving too closely behind another vehicle, reducing the reaction time to stop safely.

Seatbelts

Safety devices designed to secure occupants of a vehicle against harmful movement that may result during a collision or a sudden stop.