Finra Exam Series-7 Topic 4 Question 114 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 114
Topic #: 4

[All Series-7 Questions]

Under which of the following conditions are homeowners most likely to refinance existing mortgages?

Awhen interest rates rise

Bwhen interest rates fall

Cwhen interest rates are stable

Dwhen the yield curve is inverted

Show Suggested Answer

Suggested Answer: B

when interest rates fall. Homeowners are most likely to refinance when rates are lower than the past.

by Emilio at Jul 12, 2025, 09:48 AM

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23 hours ago

Definitely B! When interest rates drop, it's the perfect time to refinance and save some money on those monthly payments.

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