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Which of the Following Would Increase the Equity in a Home

Question 78

Multiple Choice

Which of the following would increase the equity in a home at a faster rate?


A) Making a down payment of 10 percent instead of 20 percent
B) Obtaining a mortgage interest rate of 9 percent instead of 8 percent
C) Obtaining a 15-year mortgage instead of a 30-year mortgage
D) Making larger deposits to the escrow account
E) Obtaining an interest-only mortgage

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