1)A mortgage loan is a loan secured by real property.

True or false? can someone give me an explanation thanks

2) A 5/1 adjustable rate mortgage has affixed rate period for five years and then the rate can adjust once every year.

True or false? can someone give me an explanation thanks

3)Adjustable-rate mortgages, or ARMs, have monthly payments that can move up and down as interest rates in the market fluctuate. This is a risk to the borrower.

True or false? can someone give me an explanation thanks

4)Base your answers to the following questions on data from:

https://www.zillow.com/mortgage-rates/

The rates on 5/1 ARMs are currently higher than the rate on a 30 year fixed rate mortgages.

True or false? can someone give me an explanation thanks