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Why did the number of housing loans surge during the COVID-19 pandemic? A. The Reserve Bank of Australia set official interest rates very high which

Why did the number of housing loans surge during the COVID-19 pandemic? A. The Reserve Bank of Australia set official interest rates very high which makes home loans cheaper for mortgage borrowers. B. The Reserve Bank of Australia set official interest rates very low which makes home loans cheaper for mortgage borrowers. C. The Reserve Bank of Australia set official interest rates very high which makes home loans more expensive for mortgage borrowers. D. The Reserve Bank of Australia set official interest rates very low which makes home loans more expensive for mortgage borrowers

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