Why is it easier for homeowners to qualify to purchase a larger house with an adjustable rate mortgage?

a. Because lenders tend to look at total interest costs in relation to household income in the first year of the loan.

b. Because lenders tend to look at total interest costs in relation to household expenses in the first year of the loan.

c. Because lenders tend to look at total interest costs in relation to household income in the first five years of the loan.

d. Because lenders tend to look at total interest costs in relation to household expenses in the first five years of the loan.

e. None of the above