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Please solve as soon as possible and only show the option of the mcq Question

1. Which is NOT a component of an ARM? a A margin b. An index C. A chapter d. Caps 2. A borrower has a 30-year mortgage loan for $200,000 with an interest rate of 6 percent and monthly payments. If she wants to pay off the loan after 8 years, what would be the outstanding balance on the loan? a $84.886 b. $91,246 c. $146,667 d $175,545 3. Which of the following is NOT a determinant of interest rates for single family residential mortgages? a. The demand and supply of mortgage funds b. Inflation expectations C. Liquidity d. The demand and supply of apartments 4. Risk is an important component of interest rates. Which of the following risks is NOT a determinant of interest rates? a. Default risks b. Interest rate risks c. Institutional risks d. Marketability risks 5 One of the first amortizing mortgages was the constant amortization mortgage (CAM). Which of the following characterized the components of the CAM payment over the life of the loan? (A) (B) (C) (D) Interest Decreasing Constant Decreasing Constant a. Option A b. Option B C. Option C Amortization Decreasing Decreasing Constant Constant Payment Decreasing Decreasing Decreasing Constant d. Option D 6. In comparison to the first month's payment of a CAM, the first month's payment of a CPM: a is higher bis lower c. is the same d cannot be determined with this information 7. Which of the following closing costs DO NOT increase the lender's effective loan yield? a Discount points b. Prepayment penalties C. Title insurance charges d. Origination fees 8. Demand for a mortgage loan is considered: a stable demand b. derived demand Cinterest rate demand d nominal demand 9. Points are also known as: a third party charges b. reduction in payment amount. c. loan discount fees d. reduction of mortgage yield