Multiple Choice
Which of the following statements reflect the primary change in the mortgage market that played the major role in creating the housing crises in 2007 through 2009?
A) Low interest in the mid 2000's.
B) Adjustable rate mortgages to low income citizens with low credit scores.
C) The large increase in interest rates in 2007.
D) The reduction in newly constructed housing.
Correct Answer:
Verified
Correct Answer:
Verified
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