Question: Can someone help me? Question 20 (2 points) As loan term increases, what happens to the yield spread between mortgage yield and treasury yield? 1)

Can someone help me?
 Can someone help me? Question 20 (2 points) As loan term

Question 20 (2 points) As loan term increases, what happens to the yield spread between mortgage yield and treasury yield? 1) it decreases 2) it increases 3) it stays the same 4) not enough information Question 21 (2 points) Financing costs such as discount points increase the effective cost of borrowing by raising the monthly debt service payments 1) True 2) False Question 22 (2 points) Saved A package mortgage is used when one mortgage is used to finance several tracts of lots 1) True - 2) False

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