更多"[单选题] (I. Conventional mortgages ar"的相关试题:
[单选题] Second mortgages serve the following purposes:
A. they give borrowers a way to use the equity they have in their homes as security for another loan.
B. they allow borrowers to get a tax deduction on loans secured by their primary residence or vacation home.
C. they allow borrowers to convert their conventional mortgages into GEMs.
D. all of the above.
E. only A and B of the above.
[单选题] Growing-equity mortgages (GEMs.
A. help the borrower pay off the loan in a shorter time.
B. have such low payments in the first few years that the principal balance increases.
C. offer borrowers payments that are initially lower than the payments on a conventional mortgage.
D. do all of the above.
E. do only A and B of the above.
[简答题] Adjustable-rate mortgages generally have lower initial interest rates than fixed-rate mortgages.
[单选题] Which of the following are true of mortgages?
A. More than 80 percent of mortgage loans finance residential home purchases.
B. The National Banking Act of 1863 rewarded banks that increased mortgage lending.
C. Most mortgages during the 1920s and 1930s were balloon loans.
D. All of the above are true.
E. Only A and C of the above are true.
[简答题] Money market mutual funds originated when the brokerage firm Merrill Lynch offered its customers an account from which funds could be taken to purchase securities and into which funds could be deposited when securities were sold.
