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Obtaining a variable-rate mortgage is sometimes wiser than obtaining a fixed-rate mortgage when __________. A) interest rates are low. B) interest rates are high. C) it is an ex…

Obtaining a variable-rate mortgage is sometimes wiser than obtaining a fixed-rate mortgage when __________. A) interest rates are low. B) interest rates are high. C) it is an ex…
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Obtaining a variable-rate mortgage is sometimes wiser than obtaining a fixed-rate mortgage when __________. A) interest rates are low. B) interest rates are high. C) it is an expensive home. D)taxes are high.

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User Method
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interest rates are high
. if the interest rates are high you are paying a lot more to borrow money, and you would have the best chance to have the variable rate be lower in the future
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User ShelbyZ
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