Question 13 1 pts A $110,000, 30-year constant payment mortgage (monthly payment) was issued 2 year ago at a fixed rate of 4.5%. If the same loan were to be issued today, the interest rate would be 4.0%. What is the current market value of the loan if the tender is going to sell the loan to Fannie Mae? 112,548 119,322 110,000 106.369 Question 14 1 pts A house was purchased 5 years ago with a $250,000, 9%, 30-year loan. Thinking of refinancing, the borrower finds the current interest rate on 25-year loan is 8.54%. If the total cost associated to paying off the existing loan and obtaining the new loan is