it is important that your choice of mortgage loans matches your financial goals.\nwhich one of these loans…

it is important that your choice of mortgage loans matches your financial goals.\nwhich one of these loans would help you pay off your mortgage in the shortest amount of time?\nchoose 1 answer:\na 5/1 arm\nb 15 - year fixed mortgage\nc 30 - year fixed mortgage

it is important that your choice of mortgage loans matches your financial goals.\nwhich one of these loans would help you pay off your mortgage in the shortest amount of time?\nchoose 1 answer:\na 5/1 arm\nb 15 - year fixed mortgage\nc 30 - year fixed mortgage

Answer

Brief Explanations:

A 5/1 ARM is an adjustable - rate mortgage with an initial fixed - rate period. A 15 - year fixed mortgage has a shorter repayment term compared to a 30 - year fixed mortgage. Shorter - term mortgages generally allow for faster pay - off.

Answer:

B. 15 - year fixed mortgage