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Business, 23.03.2020 23:05 biggy54

What is one difference between fixed-rate mortgages and variable-rate mortgages?

A.

Variable-rate mortgages usually start at higher interest rates than fixed-rate mortgages.

B.

Variable-rate mortgages usually start at lower interest rates than fixed-rate mortgages.

C.

Variable-rate mortgages' interest rates remain lower than fixed-rate mortgages throughout the loan term.

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Answers: 2

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What is one difference between fixed-rate mortgages and variable-rate mortgages?

A.
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