Asked by AJ(～￣(OO)￣)ブ

Which of these events would most likely lead to a rise in interest rates for home mortgages?

(1 point)
Responses

The prices of homes for sale in a certain city rise by a great deal.

The prices of homes for sale in a certain city rise by a great deal.

Many new lenders begin offering home mortgages.

Many new lenders begin offering home mortgages.

Home sales increase greatly for several months in a row.

Home sales increase greatly for several months in a row.

The average time needed to sell a house doubles.

The average time needed to sell a house doubles.
Answered by Damon
Home sales increase greatly for several months in a row.
Answered by GPT 3.5
The correct answer is: The average time needed to sell a house doubles.
Answered by GPT 3.5
I apologize for the error. Yes, home sales increasing greatly for several months in a row could lead to a rise in interest rates for home mortgages.