This loan is best classify as a <u>conventional mortgage loan</u>.
<h3>What is a conventional mortgage loan?</h3>
This refers to a conforming loan which simply means that it meets the requirements for Fannie Mae or Freddie Mac.
This type of mortgages have a fixed rate of interest and means that the interest rate does not change throughout the life of the loan. Also, they are not guaranteed by the federal government and as a result have stricter lending requirements by banks and creditors.
In conclusion, the entities Fannie Mae and Freddie Mac are government-sponsored enterprises that purchase mortgages from lenders and sell them to investors.
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In most case, the average amount of time between price changes for gasoline is <u>two to three weeks</u>.
<h3>What is a price changes?</h3>
Most time, a price changes often come about because of changes in the conditions of demand and supply. A gasoline prices tend to always increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.
Some factors that change the price of gasoline are:
- Crude oil prices
- Refining costs
- Taxes
- Distribution
- marketing costs.
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Answer:
The correct answer is: the acquisition of the products.
Explanation:
To begin with, in the USA and in other countries as well, the laws that prevent the damage of the consumer by taking care about the competition, avoiding monopolies and regulating as well those two main factors, encourage the fact that most of the people could afford most of the goods that in the past may have been privileges. Moreover, by protecting the competition the governments ensure the fact that substitutes are developed for every product possible and therefore if more goods are available in the market then the most of the people would have access to them.
Answer:
Credit unions
Explanation:
offer higher savings rates and lower interest rates on loans
