Question: 55 questions remaining What is the difference between primary mortgage market and secondary mortgage market? O A) First mortgages are part of the primary mortgage

55 questions remaining What is the difference between primary mortgage market and secondary mortgage market? O A) First mortgages are part of the primary mortgage market while subsequent mortgages are part of the secondary mortgage market. O B) The primary mortgage market consists of institutional lenders while the secondary mortgage market is made up of private lenders. OC) The primary mortgage market consists of lenders supplying funds directly to borrowers while the secondary mortgage market offers mortgage-backed securities to investors. Rates in the primary mortgage market are typically lower than rates in the secondary mortgage market

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