Consider current conditions that could affect interest rates, including inflation (including oil prices), the economy, the budget deficit, and the Feds monetary policy. Based on the prevailing conditions, do you think the values of mortgages that are sold in the secondary market will increase or decrease during this semester? Offer some logic to support your answer. Which factors do you think will have the biggest impact on the values of existing mortgages?

B. Use an amortization table (Use Spreadsheet application such as Excel) that determines the monthly mortgage payment based on interest rate of 35% and a principal of GHS1000,000 with a 15-year maturity and then for a 30-year maturity. Is the monthly payment for the 15-year maturity twice the amount for the 30-year maturity or less than twice the amount? Explain.

A. Consider current conditions that could affect interest rates, including inflation (including oil prices), the economy, the budget deficit, and the Fed's monetary policy. Based on the prevailing conditions, do you think the values of mortgages that are sold in the secondary market will increase or decrease during this semester? Offer some logic to support your answer. Which factors do you think will have the biggest impact on the values of existing mortgages? B. Use an amortization table (Use Spreadsheet application such as Excel) that determines the monthly mortgage payment based on interest rate of 35% and a principal of GHS1000,000 with a 15 -year maturity and then for a 30 -year maturity. Is the monthly payment for the 15 -year maturity twice the amount for the 30-year maturity or less than twice the amount? Explain