Subprime,or nonprime,mortgages are taken out by borrowers with low credit scores,________ of these mortgages carry adjustable rates.
A)10 percent
B)30 percent
C)50 percent
D)80 percent

Question

Quizplus · Accepted Answer

According to the given information, subprime or nonprime mortgages are taken out by borrowers with low credit scores and a majority of these mortgages carry adjustable rates. Therefore, the best choice would be D) 80 percent, as it represents a significant majority of these mortgages.

Subprime,or Nonprime,mortgages Are Taken Out by Borrowers with Low Credit