Answer:
I think the answer is A. Your interest rate changes annually, therefore, you may be able to get a lower rate.
Explanation:
The main advantage of a fixed-rate loan is that the borrower is protected from sudden and potentially significant increases in monthly mortgage payments if interest rates rise. Fixed-rate mortgages are easy to understand and vary little from lender to lender.
I hope this helps u! :D
Answer:
ummmm... this is to much work even for the amount of points.... this isnt a question, its a entire assighnment
Explanation:
B i think i had the same question on my test
