Author Question: For most American homeowners, ________ is the most important, if not only, component of wealth. ... (Read 34 times)

Mr.Thesaxman · **on:** Aug 8, 2018

For most American homeowners, ________ is the most important, if not only, component of wealth.

A. bonds
B. home equity
C. stock share
D. royalties

Question 2

Which of the following is a reason for homeownership rates and property values, particularly for low-income and minority owners, falling sharply?

A. Low-income homeowners are more likely to pre-pay their mortgages through refinancing when interest rates decline.
B. Low-income home buyers may have invested less in housing than was best compared to other assets.
C. Homes purchased by low-income and minority buyers have appreciated in value.
D. Low-income and minority homeowners were at greater risk of victimization by predatory lenders.