Variable rate mortgages offer borrowers lower rates than fix

Assignment Help Finance Variable rate mortgages offer borrowers lower rates than fix

Finance

Variable rate mortgages offer borrowers lower rates than fix

Variable rate mortgages offer borrowers lower rates than fixed rate mortgages of the same te… Show more Variable rate mortgages offer borrowers lower rates than fixed rate mortgages of the same term because interest rate risk is shifted from the lender to the borrower. True or false?? Variable rate mortgages offer borrowers lower rates than fixed rate mortgages of the same term but are also riskier for the borrower. True or False?? • Show less

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