Why does the yield associated with refinancing a mortgage go down when the borrower holds the property for fewer years? Select all that apply. The borrower has fewer years to benefit from the lower monthly payments on the refinanced loan Refinanced loans come with prepayment penalties whereas original loans do not The borrower pays the refinancing costs upfront Interests rates usually go up over time, so the borrower has fewer years locked into a lower interest loan The borrower has fewer years to recover the refinancing costs