Which of the Following Is True of Mortgage Interest Rates

question 18

Multiple Choice

Which of the following is true of mortgage interest rates?

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

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