Access over 20 million homework & study documents

eco_212_week_4_dq_1

Content type
User Generated
Type
Study Guide
Rating
Showing Page:
1/2
ECO 212 Week 4 DQ 1
What are the advantages and disadvantages of adjustable-rate versus fixed-rate
mortgages?
There are advantages as well as disadvantages of adjustable-rate versus fixed-rate
mortgages. Adjustable-rate mortgages usually start out with an initial interest rate below
at or below the market while fixed-rate montages are usually about two or more points
higher depending on an individuals credit score.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/2

Sign up to view the full document!

lock_open Sign Up
Unformatted Attachment Preview
ECO 212 Week 4 DQ 1 What are the advantages and disadvantages of adjustable-rate versus fixed-rate mortgages? There are advantages as well as disadvantages of adjustable-rate versus fixed-rate mortgages. Adjustable-rate mortgages usually start out with an initial interest rate below at or below the market while fixed-rate montages are usually about two or more points higher depending on an individuals credit score. The borrower of an adjustable-rate mortgage will have a fixed period at this lower rate then the rates will adjust as the ma ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Great! Studypool always delivers quality work.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4