Business, 07.01.2020 23:31, Csmalls4412

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 b...