Which of the following has a direct impact on the interest rates banks change to borrowers?

A. The discount rate established by the Federal Reserve.
B. The amount of money FHA has available to lend to borrowers.
C. The Truth in lending Act.
D. The Real Estate Settlement Procedures Act.

Answer: A. The discount rate established by the Federal Reserve.

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From the data given above, what is the forecast—in 000s—for the year 2006?

A) 39.60 units B) 40.72 units C) 47.34 units D) 52.67 units

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