Discuss about rising interest rates over the next few year, Other Subject

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Discuss about rising interest rates over the next few year

Question: Alex and Maria just purchased their first home in Paso Robles, California for $1,000,000 and were able to make a down payment of $200,000. Since the couple is concerned about rising interest rates over the next few years, the couple's best financial strategy would be:

Group of answer choices

To transfer the house into a newly created Trust right away
To enter into a fixed-rate mortgage
To enter into a variable rate mortgage
To avoid PMI penalties because of their 20% down payment

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Other Subject: Discuss about rising interest rates over the next few year

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