One Glance To Subprime Crisis USA 2008 by Hardik Bhadani - 5 year ago | 6298 Cause of US housing bubble peaked in 2005 -'06 Rising housing prices had encouraged borrowers to assume risky mortgages in assumption of that they would be able to refinance terms Borrowers was unable to refinance because interest rates began to rise and housing prices started to drop 2006-'07 Read more 0 0
