Which of the following is true about mortgages? Homeowners should never refinance their mortgage because closing costs are expensive The longer a mortgage borrower intends to keep a home, the more likely it becomes that he or she will benefit from taking points. If a 15-year and 30-year mortgage have the same APR, the total interest paid on the 15 -year mortgage will be equal to the interest paid during the first 15 years of the 30 -year mortgage, but less than the total interest paid on the 30 -year mortgage. Because adjustable-rate mortgages generally offer a lower APR, they are always better than fixed-rate mortgages, except when mortgage rates are at historic lows