It should be noted that term that best determines whether a borrower's interest rate on an adjustable ratio loan goes up or down is market's condition.
This is because, Market conditions helps to know the state of an industry or economy, and this will helps to get the necessary information about borrower's interest rate on an adjustable ratio loan.
Therefore, option C is correct.
Learn more about Market conditions at:
https://brainly.com/question/11936819
