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Question and answer
Q: What type of mortgage loan has a fixed rate, fixed term and fixed payment? A. fixed mortgage. B. growing equity mortgage. C. ARM. D. conventional mortgage
A: B. An ARM (adjustable rate mortgage) is a type of mortgage loan which features rates that change periodically with market conditions.
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Original conversation
User: What type of mortgage loan has a fixed rate, fixed term and fixed payment? A. fixed mortgage. B. growing equity mortgage. C. ARM. D. conventional mortgage

Weegy: B. An ARM (adjustable rate mortgage) is a type of mortgage loan which features rates that change periodically with market conditions.
ramkitten|Points 2847|

User: Which of the following would be a good course of action if you think you are having credit trouble? A. Apply for another credit card B. Go to debtadvice.org for advice C. Stop making payments on your credit cards D. Don’t change anything you are doing

Weegy: B. Going to debtadvice.org would be a good course of action if you think you're having credit trouble. That is the website of the National Foundation for Credit Counseling.
ramkitten|Points 2847|

User: Which of the following is not a good reason to refinance a home mortgage? A. Access to the equity in the home B. A reduction in the term of the mortgage C. A reduction in the interest rate of at least 1 perccent D. A significant increase in the monthly payment

Weegy: B. A significant increase in the monthly payment.
jacolitos|Points 190|

User: Which of the following is not a sign of credit trouble? A. You pay your credit balances in full, if possible. B. You are at or over the limit on your credit accounts. C. You are repeatedly overdrawn at the bank D. You are paying off one loan with another

Weegy: A. You pay your credit balances in full, if possible.
Expert answered|ambrosio_09|Points 75|

Question
Asked 10/18/2010 8:10:01 PM
Updated 1/29/2012 12:36:24 PM
3 Answers/Comments
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I agree with everyone else...its conventional
Added 1/29/2012 12:36:24 PM
Comments
What type of mortgage loan has a fixed rate, fixed term and fixed payment? A. growing equity mortgage. B. fixed mortgage. C. ARM. D. conventional mortgage.//////////D. conventional mortgage.
Added 10/30/2011 5:31:54 AM
that is correct convetional fyi
Added 11/6/2011 4:44:51 PM
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