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The type of hybrid ARM with the smallest mark. share is A.7IIARM B. 3/1 ARM C. 5/ ARM D. 10:1 APM QUESTION 2 Other things

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The type of hybrid ARM with the smallest mark. share is A.7IIARM B. 3/1 ARM C. 5/ ARM D. 10:1 APM QUESTION 2 Other things being equal, the type of mortgage with the lowest interest rate is 15-year Fixed-rate mortgages 30-year Fixed-rate mortgages 5/1 Adjustable Rate Mortgages 1/1 Adjustable Rate Mortgages QUESTION 3 Cersei look out a 3/1 hybrid adjustable rate mortgage with 3/1/7 rate caps. The index is SOFR and the margin is 2%. SOFR equals 4% at loan origination, 5% at the end of the 3rd year, and 8% at the end of 4th year. The interest rate for her mortgage equals % in the 6th month of the 5th year

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