Weegy: B. The interest rate changes on ARMs are limited per year and per lifetime User: Which of the following is not one of the advantages of renting a home? A. lower monthly payments B. less responsibility C. greater certainty D. mobility Weegy: A. greater certainty User: Which of the following is considered an advantage of home ownership? A. Profits on real estate are guaranteed. B. Mortgage payments are always lower than rent payments. C. Interest paid on the mortgage of your home is tax deductible. D. You are responsible for all repairs and maintenance. Weegy: The answer is C. The fact that interest paid on the mortgage of your home is tax deductible is considered an advantage of home ownership. User: Which of the following is not true about student loans? A. There are two types of student loans: subsidized or unsubsidized. B. You may qualify for a loan even if you are in default on another student loan. C. They often carry lower interest rates than other types of loans or credit cards. D. It is possible to defer payment on some student loans until after you graduate. Weegy: B. The statement "there are two types of student loans--subsidized or unsubsidized" is not true. here are many types of student loans to choose from. User: ) Which type of bankruptcy requires the liquidation of most of your assets? A. Chapter 11 B. Chapter 13 C. Chapter 5 D. Chapter 7 Weegy: C. Chapter 7 User: Which of the following is true about interest rates? A. Automobile loans have high interest rates because the loans are unsecured debt. B. Interest rates on ARM mortgages never change. C. Mortgage lenders will often allow you to pay discount points to reduce your loan interest rate D. Interest rates are the same on credit cards, consumer loans, and mortgages. Weegy: Mortgage lenders will often allow you to pay discount points to reduce your loan interest rate User: What ... (More)