What Effect Did Low Interest Rates Have on the Housing

question 327

Essay

What effect did low interest rates have on the housing market in the early 2000s? How did low interest rates contribute to problems in the housing market?

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Definitions:

Communicated

The process of conveying information, feelings, or instructions through speech, writing, signals, or other forms of interaction.

IMC Communication Process

Integrated Marketing Communications process; the approach of coordinating and integrating all marketing communication tools, avenues, and sources within a company into a seamless program to maximize the impact on consumers at the lowest cost.

Originates

To begin, arise, or be created from a specific source or point.

Sender

In communication, the party who initiates a message or information to be communicated to another party.