Which of the Following Is True of Mortgage Interest Rates

question 21

Multiple Choice

Which of the following is true of mortgage interest rates?

• A) Longer-term mortgages have lower interest rates than shorter-term mortgages.
• B) Mortgage rates are lower than Treasury bond rates because of the tax deductibility of mortgage interest rates.
• C) In exchange for points, lenders reduce interest rates on mortgage loans.
• D) All of the above are true.
• E) Only A and B of the above are true.

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Definitions:

Efficient Supply Chains

Supply chain systems designed to minimize cost, waste, and time in the production and distribution process, enhancing overall efficiency.

Cross-Docking

A logistics practice where incoming shipments are directly transferred from inbound to outbound transportation vehicles with minimal or no storage.

Geographically Dispersed

Describes a distribution or organization of individuals, assets, or units spread across a wide geographical area.

Customer Service

The support and assistance provided by a company to those who buy or use its products or services.