17. Louie and Freda married last year, and their income is low. Both are about...
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17. Louie and Freda married last year, and their income is low. Both are about to graduate from college, and over the next few years, their incomes should begin to rise steadily. They would like to buy a house now, as Freda is pregnant, but are afraid it will be a couple of years before they have the income for a mortgage payment. What type of mortgage would you recommend to them?
A. Deed of trust
B. Variable-rate mortgage
C. Graduated-payment mortgage
D. Reverse mortgage
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