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Q46 Losses on subprime mortgage loans increased when home prices began to _____, because a borrower unable to make payments could no longer avoid default
Q46 Losses on subprime mortgage loans increased when home prices began to _____, because a borrower unable to make payments could no longer avoid default by _____.
Group of answer choices
rise faster; refinancing into a larger mortgage
decline; refinancing into a larger mortgage
decline; refinancing at a lower rate or selling the house and paying off the mortgage
rise faster; refinancing at a lower rate or selling the house and paying off the mortgage
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