Prior to the financial crisis and recession which began in 2007, credit for mortgages was ________ , creating a ________.
A) virtually unavailable; housing bubble
B) only available to borrowers with high credit scores; shortage of affordable housing
C) easily obtained; housing boom
D) unavailable to low-income borrowers; large demand for rental properties

Question

Quizplus · Accepted Answer

Prior to the financial crisis and recession, credit for mortgages was easily obtained, creating a housing boom.

Prior to the Financial Crisis and Recession Which Began in 2007