6
QuizMultiple Choice
Financial Institutions and Banking
Question 6 of 10 • FA Personal Finance
Review the photograph.
Answer
W
When mortgage interest rates go down, banks stop making loans.W
When mortgage interest rates go down, banks make more money.I
It’s easier for people to buy a new home when mortgage interest rates are down.I
It’s more difficult for people to buy a new home when mortgage interest rates are down.