Lucy just took out a five year fixed rate mortgage to buy her first home The mortgage is amortized over 30 years Which of the following statements is most correct A Lucy's payments will not change for the next 30 years B Lucy's payments will not change for the next 5 years C Lucy's payments will increase as the term of the mortgage increases D Lucy's payments will decrease as the term of the mortgage increases

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Lucy just took out a five-year fixed-rate mortgage to buy her first home.The mortgage is amortized over 30 years.Which of the following statements is most

Lucy just took out a five-year fixed-rate mortgage to buy her first home. The mortgage is amortized over 30 years. Which of the following statements is most correct?

A	Lucy's payments will not change for the next 30 years.

B	Lucy's payments will not change for the next 5 years.

C	Lucy's payments will increase as the term of the mortgage increases.

D	Lucy's payments will decrease as the term of the mortgage increases.

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