Which of the Following Are True of Mortgage Interest Rates

question 67

Multiple Choice

Which of the following are true of mortgage interest rates?

• A) Interest rates on mortgage loans are determined by three factors: current long-term market rates, the term of the mortgage, and the number of discount points paid.
• B) Mortgage interest rates tend to track along with Treasury bond rates.
• C) The interest rate on 15-year mortgages is lower than the rate on 30-year mortgages, all else the same.
• D) All of the above are true.
• E) Only A and B of the above are true.

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