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Refer the Bankrate web site discussed in the web work. Find the savings rate and mortgage rate boxes (NATIONAL AVERAGES). Which of the following is
Refer the Bankrate web site discussed in the web work. Find the savings rate and mortgage rate boxes (NATIONAL AVERAGES). Which of the following is a TRUE statement? Group of answer choices The 30 year fixed rate mortgage has a lower rate than the 15 year fixed rate mortgage. There is a substantial difference in the 10 year and 15 year mortgage rate. The 5/1 ARM (Adjustable Rate Mortgage) mortgage rate is higher than the 30 year fixed rate mortgage. The 30 year fixed rate mortgage rate is higher than the 15 year fixed rate mortgage.
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