QUESTION 24 Which of the following best describes the difference between the following mortgages Mortgage A: 5/1 ARM Mortgage B: 6/3 ARM Only Mortgage A would have an attractive interest rate for borrowers Mortgage B would be for poor credit borrowers. Mortgage A has a five-year term with no interest rate adjustment, and can adjust every year after that. Mortgage B has a six-year term with no interest rate adjustment, and can adjust every 3 years after that O Mortgage A has a one-year term with no interest rate adjustment, and can adjust every 5 months after that. Mortgage B has a three-year term with no interest rate adjustment, and can adjust every 3 months after that. Mortgage A contains a balloon payment that is five-times the monthly payment, and is paid once per year. Mortgage B contains a balloon payment that is six-times the monthly payment, and is paid three times per year. O None of these. OO QUESTION 24 Which of the following best describes the difference between the following mortgages: Mortgage A: 5/1 ARM Mortgage B: 6/3 ARM Only Mortgage A would have an attractive interest rate for borrowers Mortgage would be for poor credit borrowers. Mortgage A has a five-year term with no interest rate adjustment, and can adjust every year after that. Mortgage B has a six-year form with no interest rate adjustment, and can adjust every 3 years after that. Mortgage A has a one-year term with no interest rate adjustment, and can adjust every 5 months after that. Mortgage B has a three-year term with no interest rate adjustment, and can adjust every 3 months after that. Mortgage A contains a balloon payment that is five-times the monthly payment, and is paid once per year. Mortgage 8 contains a balloon payment that is six-times the monthly payment, and is paid three times per year. None of these o