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Mortgage Quiz

What do you know about mortgages? 8 Questions.

 
Created by:
ab12
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1
Question 1 Photo

A mortgage loan is a loan secured by what?

  • Gold
  • Money
  • Livestock
  • Realty

2
Question 2 Photo

"Hypotheca" was an early predecessor of mortgage in what civilization?

  • Assyrian
  • Egyptian
  • Greek
  • Roman

3
Question 3 Photo

The word mortgage is an old French law term. What does it mean?

  • Death pledge
  • Everlasting
  • Pay or die
  • Until death

4
Question 4 Photo

What is the lender called in a mortgage contract?

  • Mortgaged
  • Mortgagee
  • Mortgager
  • Mortgagor

5
Question 5 Photo

Which two countries have a very high proportion of long-term fixed-rate mortgages without pre-payment penalties?

  • Australia and the Netherlands
  • Germany and Switzerland
  • United Kingdom and France
  • United States and Denmark

6
Question 6 Photo

Mortgage interest is fully tax deductible in what countries?

  • Australia, Japan, New Zealand, South Korea
  • Denmark, the Netherlands, South-Korea, Switzerland
  • Germany, Switzerland, United Kingdom, United States
  • Ireland, the Netherlands, Spain, United States

7
Question 7 Photo

Which two countries have abolished tax relief on mortgages for owner-occupiers in 1997 and 2000, respectively?

  • Australia and France
  • Australia and United States
  • France and United Kingdom
  • United Kingdom and United States

8
Question 8 Photo

Which country has the highest house owner-occupation level?

  • Germany
  • Hungary
  • Iceland
  • United Kingdom

 

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