Which of the following is a major pitfall to avoid when purchasing a home?
A) making a large down payment
B) use of a fixed rate mortgage to cover 80 percent of the purchase price
C) making a small down payment, for example 5 percent or less
D) economical purchase of a home that has gone through the foreclosure process
C) making a small down payment, for example 5 percent or less
Economics
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A contract that requires the investor to buy securities on a future date is called a
A) short contract. B) long contract. C) hedge. D) cross.
Economics
What do economists mean by the “rule of rational choice”?
What will be an ideal response?
Economics
_________ believe that people make well-reasoned and self-interested decisions based upon available information.
Fill in the blank(s) with the appropriate word(s).
Economics