Five years ago, a property was originally financed with a 20-year, 6% assumable fixed rate mortgage. Today mortgage rates are 10%. How is the value of the property impacted? a) It is not impacted b)...

Five years ago, a property was originally financed with a 20-year, 6% assumable fixed rate mortgage. Today mortgage rates are 10%. How is the value of the property impacted?

a) It is not impacted

b) It is decreased