Which of the following statements is true.
1. The higher your interest rate, the higher your monthly mortgage payments.
II. The higher your down payment, the higher your monthly mortgage payments.
III. A 30 year mortgage fixed at 6% will have smaller payments that a 20 year mortgage fixed at 6%.
a. I only
b. ll only
C. I, II, and III
d. I and III
Please select the best answer from the choices provided
ОА
OB
oc
oo
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