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Management · Q921

Financial Management

Graduate and Post Graduate · Management · question 921

Q921

Markets dealing with residential loans, industry real estate loans, agricultural loans and commercial loans are called

A.
residential markets
B.
mortgage markets
Answer
C.
agriculture markets
D.
commercial markets

Answer: Option B

Solution

Answer: Option B
Solution:
Markets dealing with residential loans, industry real estate loans, agricultural loans and commercial loans are called mortgage markets. The mortgage market can seem complicated to the uninitiated. The fact is that it is not as complicated as it is ever-changing. Most people have no idea how the market works. By understanding this, you will get a better idea about mortgage programs that are offered by certain lenders. Armed with this new information, you can make an informed decision in your quest for the perfect mortgage.