Answered

Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Discover a wealth of knowledge from experts across different disciplines on our comprehensive Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

A bank offers three mortgages shown. Which mortgage(s) will have fixed payments for at least the first 3 years?
Fixed rate mortgage at 5% for 30 years
Adjustable rate mortgage at 3% for 30 years with terms 3/1 and a cap of 2/5
Balloon mortgage at 4% with terms 30/5


a Fixed rate only
b Fixed rate and balloon only
c Fixed rate and adjustable rate only
d Fixed rate, adjustable rate, and balloon

Sagot :

Answer:

d

Step-by-step explanation:

im sorry if its wrong my apologies

Answer:fixed rate and adjustable rate and balloon!

Step-by-step explanation: look at the details the fixed is obvious and the adjustable is 3/1 so thats 3 years, the ballon is passed 3 years so thats also great news its all of them thank ttv:stratasphere555 when hes live sometime he found the answer for you!

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.