Which of the Following Is Accurate Regarding Types of Mortgages

question 55

Multiple Choice

Which of the following is accurate regarding types of mortgages?

• A)A convertible VRM gives you protection in case interest rates go up.
• B)Open mortgages offer slightly better rates than closed mortgages.
• C)Most fixed-rate mortgages are convertible.
• D)With a variable-rate mortgage your payments will go up if prime goes up.

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Definitions:

Parent Management Training

A therapeutic approach designed to teach parents skills and techniques to manage their children's behavioral problems effectively.

Video Modeling

A teaching method that uses video recordings to demonstrate desirable behaviors or skills as a means of instruction.

Treatment Foster Care

A placement option for children with severe emotional or behavioral problems, where they receive specialized care in a family setting.

Conduct Disorder

A mental disorder diagnosis in children and adolescents characterized by a repetitive and persistent pattern of behavior that violates the rights of others or major age-appropriate norms.