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You decide to get a loan for a new house. You choose to lock in your loan with an interest rate of 5.25 percent. You buy your house and are happy with the purchase. Five months later, the interest rates
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You decide to get a loan for a new house. You choose to lock in your loan with an interest rate of 5.25 percent. You buy your house and are happy with the purchase. Five months later, the interest rates drop to 3.5 percent. You realize that you could have waited to get a better deal. What does this scenario BEST demonstrate?

User Paul King
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3 votes

Answer:

Without any answer options my best gues would be buyers remorse. If there are answer options feel free to comment them below, and I will be happy to pick one of those, if buyers remorse is incorrect.

Step-by-step explanation:

User Farmaan Elahi
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