The sub-prime mortgage crisis in 2007 was caused by
A) a housing bubble
B) excessive risk taking by lenders and investors
C) loose lending practices
D) low interest rates
E) all four factors contributed
Correct Answer:
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Q92: Step four of the home buying process
Q93: Which of the following would increase the
Q94: Step five of the home buying process
Q95: An advantage of renting an apartment is:
A)Easy
Q96: Step one of the home buying process
Q98: Which of the following is an example
Q99: The term "sub-prime mortgage crisis" refers to
A)the
Q100: Before living in the rental property you
Q101: What is the maximum CMHC premium percentage
A)1.25%
B)1.8%
C)2.4%
D)3.6%
E)3.8%
Q102: If your CMHC premium percentage is 2.48%,
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