"Subprime Mortgages" Refer to

question 4

Multiple Choice

"Subprime mortgages" refer to

• A)interest rates that are over and above the prime rate to risky borrowers.
• B)mortgages made to credit-worthy borrowers at low interest rates.
• C)mortgages made to borrowers who do not usually qualify for loans.
• D)mortgage brokers making huge commissions on volume.

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