30 - year standard mortgage interest rates (1978 - 1983)\nin what year did consumers get the best deal on a…
30 - year standard mortgage interest rates (1978 - 1983)\nin what year did consumers get the best deal on a mortgage?\n1978\n1980\n1982\n1983
Answer
Explanation:
Step1: Identify the best mortgage deal
Best deal corresponds to the lowest interest rate.
Step2: Compare interest rates by year
From the chart, 1978 shows the lowest starting interest rate.
Answer:
A. 1978