QUESTION 11 The effect of paying points on your monthly mortgage payment is to O...

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QUESTION 11 The effect of paying points on your monthly mortgage payment is to O a. avoid opportunity costs. O b. raise it. O c. lower it. O d. increase closing costs. e gain liquidity. a QUESTION 22 A mortgage in which you borrow a monthly income via a loan against your home equity that you don't have to pay back for as long as you live there is called a(n) O a. adjustable rate mortgage. O b.fixed rate mortgage. O c. home equity loan. O d. reverse mortgage. e. balloon mortgage

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