eco_212_week_4_dq_2

Apr 16th, 2015
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Hi there.This document contains A+ work for the course ECO 212.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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ECO 212 Week 4 DQ 2Identify the conditions that must exist that make adjustable and fixed-rate mortgages favorable to lenders and borrowers. Which would you suggest for a homebuyer at this time and why?An adjustable rate is favorable to a borrower because the initial interest rate is lower than the current daily rate, it could be the difference between being able to buy now and having to wait.An adjustable rate mortgage could be risky.The adjustable rate is favorable to a lender because it brings in another customer who may not otherwise

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