Which of the following is true of mortgage interest rates? A: Mortgage rates are closely tied to Treasury bond rates, but mortgage rates tend to stay below Treasury rates because mortgages are secured with collateral. B: Longer-term mortgages have higher interest rates than shorter-term mortgages. C: Interest rates are higher on mortgage loans on which lenders charge points. D: All of the above are true. E: Only A and B of the above are true.

According<br/>to the expectations hypothesis, an upward-sloping yield curve implies<br/>that ________ A: interest<br/>rates are expected to remain stable in the future. B: interest<br/>rates are expected to decline in the future. C: interest<br/>rates are expected to increase in the future. D: interest<br/>rates are expected to decline first, then increase. E: interest<br/>rates are expected to increase first, then decrease.

Which of the following is the main purpose of the passage A: To remind students and their families to repay their loan. B: To compare interest rates. C: To inform students and parents of the various loans available. D: To show that government loans charge the least interest.

The stock market is important because A: It is where interest rates are determined. B: It is the most widely followed financial market in the United States. C: It is where foreign exchange rates are determined. D: all of the above.

If interest rates on loans or mortgages fall, we might be tempted to take out a loan to buy the new car we've always wanted. ( )