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Mashutka [201]
3 years ago
15

If you were buying a home valued at $215,000, what is the minimum down payment you would need in order to avoid paying private m

ortgage insurance (pmi)? pmi is requested to protect the lender from potential default loss when there is insufficient equity in a home.
Business
1 answer:
Rudik [331]3 years ago
3 0

$43,000

To avoid paying PMI, you need to pay a minimum 20% down payment.

.2*215,000 = 43,000

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Money markets trade securities that I. mature in one year or less. II. have little chance of loss of principal. III. must be gua
IRISSAK [1]

Answer:

I. Mature in one year or less.

Explanation:

Money market securities matures in one year or less. It is not assured that principal amount will be safe and government does not guarantee for these securities but they ensure through regulatory bodies that these securities must have a minimum credit rating to be traded in the market. So option I is correct.

6 0
4 years ago
The demand for automobiles is expected to decrease this year. Other things being equal, which of the following is the best forec
irga5000 [103]

Answer:

A decrease in both the market equilibrium price and the market equilibrium quantity of autos sold.

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A fall in the demand for automobiles would shift the demand curve to the left.

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I hope my answer helps you

7 0
3 years ago
How do I record on windows computer
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Explanation:

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3 0
3 years ago
Read 2 more answers
The Federal National Mortgage Association (Fannie Mae) wanted to foreclose on the house and sell it to recover the balance due.
Ray Of Light [21]

Answer:

Fannie Mae would argue that "to the order of" is a complete order instrument that needs endorsement and can be enforced. "Pay to the order of" are negotiable instruments that must be paid via endorsement and delivery.

Explanation:

The Federal National Mortgage Association (Fannie Mae) wanted to foreclose on the house and sell it to recover the balance due. Smith argued that the words "to the order of " in the endorsement made the note an incomplete order instrument and that Fannie Mae could not enforce it. What is Fannie Mae's best response to this argument

Smith argued, among other things, that the indorsement on the note rendered it incomplete and "insufficient to support the use of executory process and,the words "to the order of [blank]" included in the subject indorsement made the instrument incomplete order paper, not bearer paper, and thus Fannie Mae could not properly enforce the note.However,Fannie Mae would argue that "to the order of" is a complete order instrument that needs endorsement and can be enforced. "Pay to the order of" are negotiable instruments that must be paid via endorsement and delivery.

4 0
4 years ago
if I left from Florida tonight at 10pm and my flight will land in California at 3am. how long would the flight be?
baherus [9]
The flight would take 8 hours.
6 0
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