Which type of borrowers were least likely to default in their mortgage at the beginning of the financial crisis?
A) those with fixed-rate mortgages who made large down payments
B) those with alt-A loans
C) subprime borrowers
D) those with adjustable-rate mortgages

Question

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Borrowers with fixed-rate mortgages who made large down payments were least likely to default in their mortgages at the beginning of the financial crisis because they had a more stable payment schedule and were less likely to owe more than their homes were worth.

Which Type of Borrowers Were Least Likely to Default in Their