A Mortgage with an APR Higher Than Normal Is a Subprime

question 12

True/False

A mortgage with an APR higher than normal is a subprime mortgage.

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Definitions:

Communication Accuracy

The degree to which transmitted information is received as intended by the sender, without distortion or misunderstanding.

Johari Window

A model for understanding and improving self-awareness, interpersonal relationships, and group dynamics by mapping known and unknown aspects of oneself and how these are perceived by others.

Blind Area

An aspect of an individual's personality, abilities, or performance that is not recognized by themselves but may be observed by others.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something.