If mortgage rates fell to 0 percent (free money), why might consumers still hesitate to borrow money

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If mortgage rates fell to 0 percent (“free money”), why might consumers still hesitate to borrow money to buy a home?

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The Macro Economy Today

ISBN: 978-1259291821

14th edition

Authors: Bradley R. Schiller, Karen Gebhardt

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Question Posted: May 30, 2018 03:27 AM

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If mortgage rates fell to 0 percent (free money), why might consumers still hesitate to borrow money

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Consumers are reluctant to borrow even when mortgag...View the full answer

The Macro Economy Today

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