During the subprime mortgage crisis,people found that at the end of their term:

Question

Quizplus · Accepted Answer

During the subprime mortgage crisis, interest rates had risen, and people were unable to afford the increased payments. This led to defaults and foreclosures, which contributed to the overall economic crisis. Option B is incorrect because falling interest rates would typically result in lower mortgage payments, which would make it easier for people to make their payments. Option C is a possibility but is not necessarily true for all borrowers. Option D is also incorrect because rising interest rates would generally lead to higher mortgage payments.

During the Subprime Mortgage Crisis,people Found That at the End