Which of the following is NOT a component of mortgage interest rates? Default risk Real rate of interest O Prepayment risk O All of the above/below are components of mortgage interest rates O Expected inflation rate

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 30P: A mortgage 105m is a loan that a person makes to purchase a house. Table 19.11 provides a list of...
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Which of the following is NOT a component of mortgage interest rates?
O Default risk
O Real rate of interest
O Prepayment risk
O All of the above/below are components of mortgage interest rates
O Expected inflation rate
Transcribed Image Text:Which of the following is NOT a component of mortgage interest rates? O Default risk O Real rate of interest O Prepayment risk O All of the above/below are components of mortgage interest rates O Expected inflation rate
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