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