Multiple Choice
"Subprime mortgages" refer to
A) interest rates that are over and above the prime rate to risky borrowers.
B) mortgages made to credit-worthy borrowers at low interest rates.
C) mortgages made to borrowers who do not usually qualify for loans.
D) mortgage brokers making huge commissions on volume.
Correct Answer:

Verified
Correct Answer:
Verified
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