The interest-only mortgage typically converts later to aa, Ask an Expert

Economics

The "interest-only" mortgage typically converts later to a:

A. traditional mortgage with a higher payment

B. traditional mortgage with a lower payment

C. "negative-amortization" mortgage with a lower payment.

D. "exotic" mortgage with a lower payment

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91238332

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