Homeowners with an adjustable rate mortgage are more likely to refinance than homeowners with a fixed rate mortgage True False A fully amortizing mortgage with lower interest rate will amortize faster than a mortgage with a higher interest rate. True False e and Amy bought houses at the same time and isidering refinancing when the interest rates dr e's IRR on the refinancing option is 15% while Am is 10%. Choose the correct recommendation e and Amy. One can't make a recommendation without knowing Amy's and Kate's discount rates Kate should refinance and Amy should not Neither of them should refinance Both should refinance Amy should refinance but Kate should not