This module, the student will learn the fundamentals of how mortgage rates are set. First, they will compare and contrast the difference between a posted or a discounted rate, understanding why lenders opt for sharing one or the other. They will then compare cash-back and discounted rates, being able to conduct a cost-benefit analysis of each. They will also take a look at mortgages from an investors point of view, and spend some time understanding the Yield vs.The Effective Rate.