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Which of these describes what can happen with an adjustable-rate mortgage?
A. The annual fees decrease each year as the loan gets closer to being paid off.
B. The percentage paid on property goes up or down from year to year.
C. The amount of principal owed on the mortgage changes as the housing market changes.
D. The monthly mortgage payments go up or down from year to year.​

Respuesta :

Answer:

The monthly mortgage payments go up or down from year to year.​

Explanation:

marvineetesh3

In the adjustable-rate mortgage, monthly mortgage payments go up or down from year to year.​

What is mortgage?

A mortgage is often known as a mortgage loan. It is a contract between the borrower and a mortgage lender that permits the borrower to buy or refinance a home without having to pay the entire amount upfront.

Monthly mortgage payments on an adjustable-rate mortgage fluctuate from year to year according to the payment of installments of the mortgage.

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Therefore, option D is correct.

Learn more about the mortgage, refer to:

https://brainly.com/question/15074748

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