Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

During the Depression foreclosure rates skyrocketed. What was the main cause? a.People went into foreclosure when they left their homes to find jobs in other cities. b.When banks folded they cancelled their mortgages and homes went into foreclosure. c.The interest rates on home loans ballooned and families could no longer afford payments. d. Families without employment had little in savings to pay their mortgage.

Sagot :

the correct answer among them is C

magfulltime

Answer:

c) The interest rates on home loans ballooned and families could no longer afford payments.

Explanation:

A great many Americans lost their positions, and the majority of their money that was in the bank, implying that they were all unfit to pay their home loans bringing about foreclosure.

We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.