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algol13
2 years ago
6

A subprime mortgage is ________.

History
1 answer:
Stella [2.4K]2 years ago
7 0

Answer:

High-risk, high-interest loan.

Explanation:

The classical definition of a subprime mortgage is concerned to borrowers with lower credit ratings and it normally carries a higher interest rate.

It is good emphasize  that these loans  carry higher interest rate justified by the the greater risks associated with buyers that have poor credits.

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Explanation: Read that and you'll find your answer~! I hope i helped you~! Have an GREAT day~! <\3

3 0
3 years ago
Who formed the national assembly
defon
By the Representatives of the Third Estate ; ]
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adoni [48]
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6 0
2 years ago
PLEASE HELP ASAP
alexdok [17]

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3 years ago
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7 0
3 years ago
Read 2 more answers
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