What are some factors that determine whether a homeowner should refinance?
What will be an ideal response?
Answer: The typical rule of thumb is to refinance when interest rates fall by 2%. You should ask yourself if you will live in the house long enough to offset the new closing costs. Will the interest savings overcome the refinancing expenses involved? If so, it may be a good move in the long run.
You might also like to view...
The marketing of two or more brands together to encourage co-consumption or co-purchases is:
A) ingredient branding B) cooperative branding C) complementary branding D) flanker branding
Which of the following statements is false?
a. A primary purpose of cost accounting is to determine valuations needed for external financial statements. b. A primary purpose of management accounting is to provide information to managers for use in planning, controlling, and decision making. c. The act of converting production inputs into finished products or services necessitates cost accounting. d. Two primary hallmarks of cost and management accounting are standardization of procedures and use of generally accepted accounting principles.
How did Edwards (1979) extend Braverman’s arguments about managerial control?
a. He argued that management would one day become labour b. He argued that one day labour would revolt against management and overthrow their oppressors c. He argued that management could control labour indirectly through machinery and technology d. Both a and b
Which of the following would be considered the most vigorous resistance to change?
A. Complaining B. Teaching others how to resist C. Sabotage D. Not paying attention