gutierrezag2563 gutierrezag2563
  • 11-03-2024
  • Business
contestada

Consider a 30-year, $155,000 mortgage with a rate of 6.95 percent. Nine years into the mortgage, rates have fallen to 5.65 percent. Suppose the transaction cost of obtaining a new mortgage is $1,650.
Should the homeowner refinance at the lower rate?
O Yes
O No

Respuesta :

Otras preguntas

What is the sun's approximate azimuth when it sets? PLEASE ANSWER I GIVE BRAINLIEST AND 20 POINTS PLEEEEEAAAAAASSSSSEEEEE!!
Plaque and cholesterol both increase an individual's risk of heart attack. True False
Value of x. 2x 120 140 100 110 130 150
Students in class argue about whether salt (NaCl) or water (H2O) has stronger intramolecular forces. Which argument is BEST? Question 3 options: Water because i
what types of electromagnetic radiation does the sun emit?
how do u add and subtract rational numbers
Suppose that the functions r and s are defined for all real numbers x as follows. r(x)=x+3 s(x) = 2x Write the expressions for (r-s) (x) and (-s) (x) and evalua
Why were some Americans opposed to the US having colonies?
what's the answer?economics is the study of how society_____.A) can gain increasing amounts of resourcesB) uses scarce resource to satisfy its needs and wantsC)
What increases the concentration of H+ in water ?