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Suppose that your client asks you which type of mortgage (fixed rate vs. adjustable rate mortgages)he/she should choose.How would you respond? E.g., what information about
Suppose that your client asks you which type of mortgage (fixed rate vs. adjustable rate mortgages)he/she should choose.How would you respond? E.g., what information about your client you need to know, or what factors you have to consider before advising your client? Pick one type of mortgage and make any necessary assumptions to support your point (e.g. clients' characteristics, current and future expected interest rates, etc.)
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