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Bas_tet [7]
2 years ago
14

In which scenario do most homeowners use the equity in their home?

Business
1 answer:
e-lub [12.9K]2 years ago
5 0

Answer: to pay off loans

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The lower the user's switching costs:
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more intense the competitive pressures posed by substitute products.

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The lower the user's switching costs: the more intense the competitive pressures posed by substitute products.

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Therefore when such switching costs are low, it will be easier to switch from one product to another, implying that the competitive pressure from substitute goods are higher.

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CMBS Loan are also referred to as a Conduit Loan, this is a type of real estate loan usually commercial, which is secured by a first-position mortgage on a commercial property. These loans are usually packaged, and sold by a Conduit Lender, commercial banks, investment banks, and syndicates of banks.

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