If mortgage rates fell to 0 percent (free money), why might consumers still hesitate to borrow money

Question:

If mortgage rates fell to 0 percent (“free money”), why might consumers still hesitate to borrow money to buy a home? LO2

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

The Macroeconomy Today

ISBN: 397496

12th Edition

Authors: Bradley Schiller

Question Posted: