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10 Which of the following statements is true regarding a fixed rate conventional mortgage loan? Discount points are paid to reduce the interest rate on
10 Which of the following statements is true regarding a fixed rate conventional mortgage loan? Discount points are paid to reduce the interest rate on the loan. Discount points are paid to reduce the possibility of default. Discount points are paid to reduce the down payment required. Discount points are paid to reduce the principal borrowed. Discount points are paid to reduce the number of monthly payments
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