If you have issued a 30 year fixed rate mortgage with an int

Assignment Help Finance If you have issued a 30 year fixed rate mortgage with an int

Finance

If you have issued a 30 year fixed rate mortgage with an int

If you have issued a 30 year fixed rate mortgage with an interest rate of 6% and five years… Show more If you have issued a 30 year fixed rate mortgage with an interest rate of 6% and five years later mortgage rates fall to 4% you have the option to refinance your mortgage. This would mean issuing a new 4% mortgage and using the funds to pay off the 6% mortgage. True Or False??? • Show less

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