1. True or False For any mortgage with discount points, the APR will be greater than the stated interest rate.
2. True or False For any mortgage that will be terminated before its full term, the effective mortgage rate will be greater than the stated rate.
3. True or False If a mortgage is expected to be held for its entire term, the effective mortgage rate will be the same as the APR.
4. True or False The longer a loan with discount points is expected to be held, the greater its effective mortgage rate will be?