Suppose a Homeowner is Reluctant to Refinance Until He is Reasonably Sure That Interest Rates Are Not Going to Fall Appreciably From Where They Currently Are
Suppose a homeowner is reluctant to refinance until he is reasonably sure that interest rates are not going to fall appreciably from where they currently are. In this case, the homeowner appears to be concerned about which of the following costs associated with refinancing? the correct answer is opportunity cost.
by Niranjani
Updated Oct 16, 2023
![Suppose a Homeowner is Reluctant to Refinance Until He is Reasonably Sure That Interest Rates Are Not Going to Fall Appreciably From Where They Currently Are Suppose a Homeowner is Reluctant to Refinance Until He is Reasonably Sure That Interest Rates Are Not Going to Fall Appreciably From Where They Currently Are](https://img20.fresherslive.com/latestnews/2023/10/suppose-a-homeowner-is-reluctant-to-refinance-until-he-is-reasonably-sure-that-interest-ra-652cecefcf79d25416114-900.webp)
Suppose a Homeowner is Reluctant to Refinance Until He is Reasonably Sure That Interest Rates Are Not Going to Fall Appreciably From Where They Currently Are. In This Case, the Homeowner Appears to Be Concerned About Which of the Following Costs Associated With Refinancing?
The correct answer is opportunity cost.
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Suppose a Homeowner is Reluctant to Refinance Until He is Reasonably Sure That Interest Rates Are Not Going to Fall Appreciably From Where They Currently Are -FAQ
1. Suppose a Homeowner is Reluctant to Refinance Until He is Reasonably Sure That Interest Rates Are Not Going to Fall Appreciably From Where They Currently Are. In This Case, the Homeowner Appears to Be Concerned About Which of the Following Costs Associated With Refinancing?
The correct answer is opportunity cost.