mr. fisher has built several houses and is offering buyers mortgage rates of 10% with a 15 year term. current rates are 10.75%. fourth national bank will provide the loans, if mr. fisher pays an equivalent amount up front to buy down the interest rate. if a house is sold for $290,000 with a 90% loan, how much would mr. fisher have to pay to buy down the loan? group of answer choices $10,790.41 $11,250.25 $11,989.34 $1,957.50
