Which of the following is least likely an important factor affecting the prepayment rate of a pool of mortgages? O The location of the property General economic conditions The level of interest rates Seasonal factors (i.e. the time of the year when the mortgages were initiated).

Which of the following is least likely an important factor affecting the prepayment rate of a pool of mortgages? The location of the property General economic conditions The level of interest rates Seasonal factors (i.e. the time of the year when the mortgages were initiated)