Which of the following describes the two different types of interest rates offered on home mortgages?
A: Fixed and variable
B: Timed and untimed
C: High and low
D: Year or decade

The two different types of interest rates offered on home mortgages is  A) Fixed and variable.A loan is a financing settlement between a lender and a borrower, where the latter borrows a positive amount of money and repays it over a period of time. A mortgage, or home mortgage, is a sort of mortgage used to shop for real estate, and secured with the aid of the purchased land or house.Even along with the association charges, a loan continues to be probable to be less expensive than getting rid of a non-public loan. However, to be virtually certain of which would come up with the higher deal you want to evaluate the total value of borrowing - consisting of association charges for the mortgages - of the two styles of a mortgage.A mortgage is an agreement between you and a lender that gives the lender the proper to take your private home if you fail to pay off the money you've borrowed plus interest. Loan loans are used to shop for a domestic or to borrow money towards the cost of a home you already personal.Learn more about mortgages here https://brainly.com/question/1578286#SPJ1