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prohojiy [21]
2 years ago
10

Mortgage debt decreased from 1970 to 2008. True or False

History
2 answers:
Ad libitum [116K]2 years ago
6 0

Answer:

true because

Explanation:

Hedge funds, banks, and insurance companies caused the subprime mortgage crisis. ... Demand for mortgages led to an asset bubble in housing. When the Federal Reserve raised the federal funds rate, it sent adjustable mortgage interest rates skyrocketing. As a result, home prices plummeted, and borrowers defaulted

katrin [286]2 years ago
5 0

Answer:

true

Explanation:

I hope my answers is correct

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