Question: Adjustable - rate mortgages Question 6 3 options: A ) benefit homeowners when interest rates are falling. B ) reduce financial institutions' interest - rate

Adjustable-rate mortgages
Question 63 options:
A)
benefit homeowners when interest rates are falling.
B)
reduce financial institutions' interest-rate risk.
C)
reduce households' risk of having to pay higher mortgage payments when interest rates rise.
D)
do only A and B of the above.

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