With a Fixed-Rate Mortgage,the ________ Bears the Interest Rate Risk

question 19

Multiple Choice

With a fixed-rate mortgage,the ________ bears the interest rate risk and with an ARM the ________ bears the interest rate risk.

• A)borrower; lender
• B)borrower; borrower
• C)lender; lender
• D)lender; borrower
• E)federal government; pool organizer

---

Definitions:

Obesity

A medical condition characterized by an excessive accumulation of body fat, often defined as a body mass index (BMI) of 30 or higher, which poses significant health risks.

Smoking

The act of inhaling and exhaling the smoke of tobacco or other substances, often associated with a range of health risks.

Binge Drinking

involves consuming large amounts of alcohol in a short period, typically leading to immediate and potentially long-term health risks.

Nongenetic Influence

External factors and environmental influences that affect an individual's development and traits, distinct from inherited genetic factors.