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Mathematics, 24.06.2019 16:00 ReeceLehua01

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? it might cause a borrower’s payments to go up. it might cause a borrower’s payments to go down. it has no impact because a fixed-rate mortgage cannot change. it has no impact because the economy does not affect interest rates.

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What impact might an economic downturn have on a borrower’s fixed-rate mortgage? it might cause a...
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