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Low-Interest Rate Policy
A monetary policy strategy used by central banks to maintain low borrowing costs to stimulate economic growth.
Housing Prices
The cost to purchase a residential property, which fluctuates based on demand, location, and economic conditions.
Lending Standards
The criteria used by lenders to determine the creditworthiness of potential borrowers.
Mortgage Default Rate
The percentage of borrowers who fail to make scheduled payments on their mortgage loans, leading to the risk of foreclosure.
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