Tui
the first national bank of hillcrest charges more for a 30-year mortgage than
for a 15-year mortgage. what accounts for this difference?
o
a. there is a greater risk that a longer-term loan will not be repaid.
o
b. the bank wants to discourage people from buying homes.
o
c. there are more people who want long-term loans.
o
d. the bank wants to move money from personal loans to business
loans.