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You have a seasoned portfolio of fixed-rate mortgages. A new economic forecast has you fearing a sudden and significant drop in interest rates. What would

You have a seasoned portfolio of fixed-rate mortgages. A new economic forecast has you fearing a sudden and significant drop in interest rates. What would likely be your primary concern in light of this news?

Defaults accelerate

Prepayments decelerate

Prepayments accelerate

Defaults decelerate

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